All Forum Posts by: Deborah R.

 I'll definitely take a referral for a public adjuster.  Thanks!  

@Deborah R.

Thanks for those who gave actual advice.

I know others have had significant damage to their rentals- whether flood, tornado, earthquake. I was just looking for advice on sequence of actions. I never said I should get any handouts. I invest where I live.

Also- my rental that flooded was actually at a higher elevation than my other rental houses in Tampa. It was rainfall that caused the flooding- not surge from the Gulf of Mexico. I have 2 flood zone A rentals, but those were both fine. Go figure.

Thanks again for those that gave helpful advice!

@Michelle Romano. Sorry but I don’t know any companies/or people to recommend in the Madeira Beach area. I’ve gotten most of my referrals through local Facebook groups. Some real estate groups and other just local community groups. Helpful to see who others recommend.

Hope he finds a good group to do the work!

Oh, I get it, @John Clark.  Me and thousands of other Floridians.  
I just haven't gone through anything like this and am curious from others on how to handle it from a landlord point of view.  

Any advice on next steps? 

The house that flooded wasn't in a flood zone - no flood insurance on that one. 

Who has had their rental significantly damaged by a hurricane/tornado/flooding?  

What's the basic steps if the house isn't habitable?  

I'm guessing we end the lease, contact insurance, do repairs - then relist it for rent?  Pretty sure at least one of my rentals in Tampa is flooded.  

Thanks in advance!

I just bought a 2016 house that has a few missing shingles.  In several areas, the shingles need to be secured because they can flip up.  
The repair quote was over $1,200.   
Inspector said the roof should only last 5 more years or so.  Not currently leaking anywhere.  
I'm thinking that I just leave it as is and wait to replace it.  I live in Florida - so there could be a hurricane.  
Does that sound like a smart plan?  Defer costly repair and wait to just replace?  Otherwise, I'll get more quotes. 
Thanks, Debby 

I had the floors replaced at one of my rentals.  Tiles had to be removed which created a lot of dust.  My contractor's workers had the AC at 69 and it stopped working.  Repairman said it was the capacitor -so possibly not related to all of the dust.  But - shouldn't they have sealed the AC?! 

It was working fine before. Lots of dust with tile removal. I have an AC company coming out to see what the problem is. My husband thinks they should’ve covered up the AC return. Plus they had it turned down to 69 - very low for Florida.

I haven’t paid the contractor yet. What should I do if the AC company agrees that the contractor is somewhat responsible for the damage?

Thanks, Debby

For 2022, my husband met Real Estate Professional status.  I am a high income W2 earner.  We filed an extension for 2022 taxes and are just finalizing them now.  

Our CPA says that if I cost segregate and bonus depreciate two assets we bought, that it increases my audit risk since I have a higher W2.  

Is that true?  I don't want to be audited.  But, I also think that we're doing everything according to the law.  He mets REPS, and we are allowed to bonus depreciate.  So, why not do it?  

Any thoughts/experience?  

Thanks in advance!  Debby