Most S8 tenants have a history of bad decisions, often having convictions, evictions, bankruptcies, chargeoffs, collections, garnishments, etc.

Their LLC filing is very new in California.

So, you have a prospect with no interest in seeing your property and credit so bad they are in bankruptcy, but you are considering their application?

File a criminal complaint and send it to the DOJ.

And maybe one day, say 6 months from now, maybe you can actually file it, it will then take you another year to get rid of that tenant.

Running an Airbnb or short-term rental can be an incredible cash flow machine — but it can also turn into a tax nightmare if you don’t know the rules.

Here’s the good news: the IRS treats short-term rentals diff...

Santarelli allegedly purchased from a government auction from the bankruptcy trustee and relaunched online.

We filed a 3 day notice to pay or quit and then filed an unlawful detainer for an eviction.

As a broker, my biggest pet peeves are hard money lenders circumventing to my clients, not being upfront about fees, asking for a commitment fee prior to issuing loan docs, and "matching" my broker fees, even though I underwrote the file, got the client, and did all of the processing work. 

The usual route is to do the study now and file Form 3115 (change in accounting method).