
29 August 2020 | 6 replies
Purchase price: $1,200 Cash invested: $25,000 This property has been renovated from top to bottom and is larger than it appears: family room, dining room, 3 bedrooms, small kitchen, laundry/mud room, and a fenced yard.

12 August 2020 | 0 replies
Removed a wall between the kitchen and dining room.

13 August 2020 | 1 reply
Maybe a weird crowded layout with a closed off kitchen and dining room that you can knock down the wall and create an open space layout?

13 August 2020 | 3 replies
Purchase price: $1,200 Cash invested: $25,000 This property has been renovated from top to bottom and is larger than it appears: family room, dining room, 3 bedrooms, small kitchen, laundry/mud room, and a fenced yard.

13 August 2020 | 3 replies
Purchase price: $1,200 Cash invested: $25,000 This property has been renovated from top to bottom and is larger than it appears: family room, dining room, 3 bedrooms, small kitchen, laundry/mud room, and a fenced yard.

16 August 2020 | 11 replies
Everything necessary was included in the listing so we began to realize that the people who want to clarify things or who don't read the listing are the same ones who start complaining right away and say they can't turn on the tv when there is a 30-page instruction booklet on everything on the dining room table.

15 August 2020 | 5 replies
I was thinking a series LLC might be worth looking into, but Maryland doesn't support them, and I was curious if someone else had a more elegant solution I hadn't thought of.

19 August 2020 | 9 replies
Are you selling them other space in your house like they can put an office in the dining room?

17 August 2020 | 16 replies
"(5)Limitation on deductions In the case of a use described in paragraph (1), (2), or (4), and in the case of a use described in paragraph (3) where the dwelling unit is used by the taxpayer during the taxable year as a residence, the deductions allowed under this chapter for the taxable year by reason of being attributed to such use shall not exceed the excess of—(A)the gross income derived from such use for the taxable year, over" - Found itThank you for the advice, and referencing the relevant IRC sections.There isn't a lot of guidance, and I was using the guidance given from the biggerpockets blog to calculate those expense ratios - so seems to me there isn't great consensus or just a lack of knowledge on this issue in general.Blog link: https://www.biggerpockets.com/blog/2016-02-21-tax-implications-house-hacking"If you have a single family home, you can either divide the room you occupy by the total number of rooms (rooms include beds, baths, kitchen, living room, dining room, etc.) or the square footage you occupy by the total square footage.You will now have a percentage of the home that you occupy and a percentage of the home that you rent."

17 August 2020 | 2 replies
My tenant is responsible for damaging the bathroom floor and dining room ceiling below through long term negligence.