All Forum Posts by: Brenda Budzinski

Thank you.  This is very helpful.

Has anyone accepted a tenant after Smart Move suggestion to deny.? 

Does anyone have examples of wordage I can add to my lease to prevent a tenant from running a business from a residential property?

I have a potential tenant, single mother who plans to run her daycare business at our rental property. She has up to 5 children on any given day all under the age of 4yrs old. What are the pros vs. cons?

What are the pros and cons of vehicle expenses?  Ive read there are two different ways to write off this expense.  Actual expenses like car value depreciation plus insurance, gas, repairs, oil changes or the other option straight mileage.  Im confused as to which method is best for my situation.  I have a 15 yr old vehicle that I have depreciated some time ago. Im currently keeping track of miles and using flat mileage rate.  Is this the best tax advantage?  I usually drive 4K miles (@ $.52/mile)  anually but car repairs at my vehicles age could be costly.  

 If I buy a new vehicle what is the best method of expense write off?

If I use the car repair method do I still have to keep track of miles of what/where/when in a log book?

Has anyone used a company called Rent Prep for tenant screenings?