All Forum Posts by: Alejandro Alvarez

Thank you all for the insight! My worry was not so much getting paid, but more so about tax implications. I didn't even consider how this would change an eviction process, should things get to that point. I am going to leave the lease as is. Thanks again.

Thanks Brittney! I've found multiple BRRRR groups on FB, would you mind posting a link to it here?

My tenant (who paid the entire year in full and up front) asked if he could change the "tenant name" on the lease from his name to his LLC's name. He is a business owner and I know exactly where the business is located as I drive by all the time on my daily routes. He does not plan to use it to run his business, he just wants to do it for tax purposes. I totally get it, and I'm fine with it as long as it doesn't negatively impact my pockets. I couldn't find anything online about higher / different taxes for commercial entities signing residential lease agreements. Anybody have any insights?