All Forum Posts by: Angela Ruggles
Angela Ruggles has started 0 posts and replied 17 times.
Post: HELOC HELOC where do I get the Right HELOC?
- Haubstadt, IN
- Posts 17
- Votes 15
@Devin Cutler
Ive never knew they could tell you what to do with your HELOC money.
Post: Tenant wants a chicken coop....
- Haubstadt, IN
- Posts 17
- Votes 15
@Thomas J Monson
How big is the property?
Is it in the city or county?
We have chickens and ducks. A bunch actually.
But it depends on the size of the property.
How well are they keeping up your property now?
I wouldn't mind if the situation was right.
Post: Can I negotiate post-inspection the house sold as-is?
- Haubstadt, IN
- Posts 17
- Votes 15
@Alla Minchenkov
I just bought a duplex. It was listed for$39,999 "As is" with a wholeseller.
I looked at and got a couple of quotes for repairs.
I offered 32,000 and they excepted.
Never hurts to ask.
Post: How should I handle repair while tenant lives there?
- Haubstadt, IN
- Posts 17
- Votes 15
@Jason Dicken
Hoe a licensed and insured repair person. That's what insurance is for.
Post: Issue with a tenants kid
- Haubstadt, IN
- Posts 17
- Votes 15
@Theresa Harris
My county doesn't require private landlords with 3 or less units to follow fair housing guidelines.
Post: Issue with a tenants kid
- Haubstadt, IN
- Posts 17
- Votes 15
@E.S. Burrell
Also, in my county you don't have to follow fair housing guidelines if your a private landlord with less than 3 units and you don't use a realtor.
Post: Issue with a tenants kid
- Haubstadt, IN
- Posts 17
- Votes 15
@E.S. Burrell
He can't deny based on kids but he can find another reason.
Post: Evansville, IN Acountant Recommendation
- Haubstadt, IN
- Posts 17
- Votes 15
Originally posted by @Drake Espenlaub:
I called a couple smaller firms and asked if any held real state investments. I ended up talking to an assistant at principal tax group who said the CPA does hers (and she held property), I met with her and she seemed to have good advice and a know how. I was told she also has properties, I made an appointment to have her do mind in late Feb, will follow up and let everyone know my thoughts.
Drake,
can you give a follow up please? Are you still please with your choice?
I'm looking for someone in Evansville that can help me with rental property taxes.
I close on my first property next Friday.
I have expenses for the LLC and loan in 2019 but the house will be signed on in 2020.
thanks, Angela
Post: Should I Create an LLC?
- Haubstadt, IN
- Posts 17
- Votes 15
@Dalton Ward
We are closing on our first duplex this Friday.
I created an LLC with my husband and I as the members.
I did it on Indianaregisteredagent.com
It was around $300.00 including a year of registered agent service. That fee is $49 a year after that.
I didn't know what a registered agent was so I'm going to assume you don't either.
Their name is on everything. They receive all my important mail and tax documents. We use their physical address. They don't have any control over the LLC. This keeps us anonymous. Our name isn't on anything. The new duplex was bought with cash from a HELOC and our LLC name will go on the deed/title.
Post: Registered Agent for LLC
- Haubstadt, IN
- Posts 17
- Votes 15
@Craig H.
Correct me if I'm wrong. Im learning here too. Doesn't a registered agent help keep you anonymous? If someone tried to sue you they wouldn't have anything that linked to your name or address.