All Forum Posts by: Lizbet A.

Hi, newbie landlord here. This will be my first year filing a schedule e form. I converted my home from primary residence to rental in May of last year. I’m trying to figure out if I can deduct mortgage interest for the full year on the schedule e form, even though it was a rental for only 7 months out of the year? Any insight appreciated! 

Hi everyone, newbie landlord here renting out for the first time. I posted my SFH for rent a few days ago and have an application that I have accepted and am now just waiting for them to sign the lease. I am still getting a few inquiries for this property and do not want to completely ignore them just incase the applicants I chose do not end up signing the lease. I want to message the interested people using the following

"Hi Thank you for your interest. Just a few notes.
All persons over 18 will need an application completed.
Minimum credit score 700
No evictions/ clean background
income at least 2.5 times the rent.
If you feel like you meet all the criteria we can schedule a time for you to see the home. Also I just want to let you know there have been many inquiries on this property and can't guarantee it will be available before you are able to see the property. If a lease agreement is signed before then I will let you know. Thank you."

Does this sound fair? I would hate to give people false hope, but at the same time I don't want to ignore them. Any advice is welcome. Thank you.