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All Forum Posts by: Travis Rush

Travis Rush has started 3 posts and replied 5 times.

Hello all, I'm a new investor renting my first property out by the room and I need some advice on a difficult situation. There are three tenants in the single family home.

I recently received troubling reports form Roommate A (female) that Roommate B (male) has been acting inappropriately. Most of these events were also witnessed by Roommate C. Apparently Roommate B has been cornering Roommate A in the common spaces and standing uncomfortably close. It escalated to one event where Roommate B grabbed Roommate A's arm. This is completely inappropriate and I have asked that Roommates A and C please write me an email containing all inappropriate behavior by Roommate B. I have had small, unrelated issues with Roommate B in the past (small things like loud music and failure to clean up after himself in the kitchen).

My issue is that I clearly don't want any of this behavior going on inside my property, but I don't have anything in the lease that expressly states personal boundaries and I'm not sure that this would constitute a violation of law. It seem that they have discussed the issue with Roommate B, but he has been obstinate. 

Is a notice to vacate appropriate here? How long would the notice need to be? If a written warning is necessary first, I'm not sure exactly how to phrase it. Any guidance would be much appreciated. I will be adding things like this to my future leases.

Thank you.

Hello everyone,

Thank you for your responses. I wanted to post the resolution here just in case someone eventually gets here via a search. I ended up choosing "sole proprietor" thanks to the advice above.

Quote from @John Teachout:

You can just provide one or your social security numbers. I think doing it as a partnership would be a horrible idea. So the "sole proprietorship" is the way you want to go. Don't complicate your tax situation for no reason.

That does make sense. My fear is that if I make the wrong choice I could lose out on the rental real estate loss allowance. If we file separately, i may pass the $75,000 limit.

Hello everyone, my wife and I are just starting out and we were hoping for some guidance on an issue.

Basically we are trying to fill out a W-9 and aren't sure if we should be a "sole proprietor" or a "partnership." My limited understanding is that in a community property state (such as Arizona) a married couple can be considered a sole proprietor. I have been looking for a CPA, but I was hoping for some advice in the meantime.

We first purchased the property in May of 2022. It is a single family home and we are renting out by the bedroom while living in the master bedroom.

The issue is that one of the applicants we received is in a program for human trafficking victims and the first few months of her rent would be paid by a scholarship from a local church. Her background and credit history are all fine and I don't have a problem with any of this. The church has asked that I provide a W-9. I've read some forum posts and learned that this isn't too unusual, but I'm not sure how I should go about filling out Section 3 of the form.

Any help is much appreciated. Also if you know any CPAs that are familiar with the house hacking strategy in the Phoenix area, I would appreciate their contact informaton.

Hello everyone,

My wife and purchased a single family house in Phoenix in May. We spent the last few months fixing the place up and we've already found ourselves a couple of tenants. We are renting out by the room and living in the master. Currently we are looking around for CPAs (I've been sending some messages to CPAs on here already) and adjusting to the new lifestyle. We have only lived in Phoenix for about a year, so we are still exploring the area in our free time. We would love to connect we local people and share some of our experiences and learn. I hope everyone is having a great day and thanks for reading!