Raja Shine
Tenant moved out breaking lease; default on rent since move out.
15 September 2024 | 7 replies
DEFAULTS Tenant will be in default if: (A) the Tenant don’t timely pay rent or other fees and charges they owe; (B) Tenant or any guest or occupant violates this Lease, property rules, or fire, safety, health, or criminal laws, regardless of whether or where arrest or conviction occurs; (C) Tenant abandon the property; ....When Tenant is in default, the Landlord has the option to declare the entire balance (all outstanding balances including but not limited to invoices, rent, cost due to damages/abandoning the property) payable hereunder to be immediately due and payable; the Landlord may exercise any and all rights and remedies available to Landlord at law or in equity and may immediately terminate this Agreement.XVI.
Tim Phillips
Advice on buying my first rental
14 September 2024 | 12 replies
Typically reno scope/rents/insurance/etc. are very market-specific, so building your analysis muscle for your chosen market is important so that you go in with the best possible chance to make an educated choice on purchasing.
Gordon Cuffe
supply of homes for sale up for 6th month in a row
12 September 2024 | 2 replies
I am going to declare that it is no longer a sellers market and that it is a neutral real estate market now.
Jason Xenakis
Real Estate Dating App
9 September 2024 | 13 replies
This is just for practice for now so the most important thing is just looking at the numbers to gain an understanding, don't put too much pressure on it at this point, it's a muscle you have to build by doing reps. 2.
David Tran
Hero program is a scam and fraud
15 September 2024 | 22 replies
I declare my words herin rightful and just.
Mak K.
Hurricane Damage Declaration- Tax Exemption?
7 September 2024 | 0 replies
How does federal tax exemptions or reductin for hurricane damages work? Texas had some hurricanes and I have properties (Market value $300K, Roof damages $25K). What is the strategy to maximize the tax reduction. Pape...
Peter McCauley
House Hacking a Single Family within Year 1 of Mortgage.
9 September 2024 | 9 replies
I will be taking out a mortgage, but I won’t be putting 20% down and declaring it an income property, however, it will still be my primary residence.
Jane Dang
New fence replacement on rental property is deductible or depreciation
11 September 2024 | 18 replies
Is it possible for me to declare it as a repair and deduct the expense in the same year?
Kevin Loschiavo
Multi-Family Market in Norwich, CT
9 September 2024 | 9 replies
I am declaring primary residence but will live elsewhere as my lender only requires "intent to move in by 60 days" with no proof of move.Three units - $4200 rent income1st unit (3 bd 1 bt, ~1000 sq ft) is currently vacant, previously rented for $1600.2nd unit (3 bd 1 bt, ~1000 sq ft) rented month to month at 1050. can get $1600 as well.3rd unit (2 bd 1 bt, ~800 sq ft) rented for 1000 until April 2025. can get closer to 1200-1300.
Judd Campbell
Overseas living and managing rentals FEIE
7 September 2024 | 9 replies
because she declares income while being overseas, she can exclude the first 120k from federal taxes.