I hired a contractor to install a new A/C unit for $4,000. Do you know if I must file a 1099 form to the contractor. I am not a real estate professional.

Here's a pretty simple one for anybody that understands my situation. I need to setup an LLC with an operating agreement that includes language about the use of outside capital from family and friends in addition to c...

I currently have umbrella insurance on my primary and 3 invest properties ..I was told if i incorparate my inv property that my umbrella will no longer be covering my inv properties because i need commercial insurance...

Working on my second HUD contract as both agent and buyer.  Received a rejection that the proof of funds was in the name of my partner, not the company.  We provided all articles of incorporation and an unanimous cons...

Last year spent about $2000 trying to get real estate business started. Money was spent on what I consider start up costs: direct marketing, INC incorporation, etc. Did not end up doing any deals wholesaling or rental...

Hey BP, Has read multiple posts and still can't get a hard answer here. Hoping to be specific enough to get a solid answer here. Long story short, I am a non-incorporated individual investor looking to send RVM (ringl...

I am planning to invest in real estate using the new every two strategy with a twist. Instead of selling after two years, I plan to keep my previous properties as rentals. I have a full-time job, so saving up 20%...

Three questions:#1: I have a small time property manager. Is he required to issue me a 1099 form for rental income for 2023 taxes? If yes, what kind of 1099 Form. My larger PM companies issue me 1099 forms with gross ...

Hi all,My Name is Curtis, my girlfriend are I are ready to purchase our first property less a few particulars. Our current critical path includes starting our corporation first before purchasing the property.Our initi...

Error and Omissions insurance only covers so much and a quick google search has shown a variety of reasons why it might be a good reason including potentially lower taxes (I am going to need to research that more).   ...