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7 October 2024 | 9 replies
Mindset is key and just know that this is a business and you would be actively seeking clients and every day you wake up your working for the paycheck you receive in 30-60 days.
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4 October 2024 | 4 replies
So she did not pay rent for September ( she was supposed to pay it to the previous owner and the owner was supposed to send it to me, but the previous owner received nothing and she agreed nothing was sent ).Now she needs to send my information to her case worker to update the rent payment address and everything.
5 October 2024 | 5 replies
Hello all, As a newer landlord looking into self-managing my current singular property, I have come to a crossroads with regards to receiving applications to process.
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4 October 2024 | 8 replies
Hi Folks,Need some clarification on this complex topic.There is a lot of discussion on these tax nuances in BP forums, so I am happy to read any particular thread you can point me to.Basically I have a W2 (above income limits) and I am a General Partner in a multifamily deal.I have received 2 K1s from this deal (one as a GP) and another as an LP (since I put in some of my own money).Am I allowed to take the K1 losses from this deal to offset my W2 income?
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6 October 2024 | 7 replies
For the tenant to be able to move in you need to -Go back and forth and fill out HAP contract and get it approved by CMHA -Get the property inspected and pass(if you fail redo this step)-execute the leases then the tenant can move in * Important note (you won't start receiving payments from CMHA till like a month or 2 later after you execute the lease.
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7 October 2024 | 9 replies
However, if the home is inherited, the beneficiaries typically receive a step-up in basis, which can minimize capital gains tax when the property is eventually sold.
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4 October 2024 | 5 replies
Received this message on VRBO.
1 October 2024 | 1 reply
Generally, if there is a single deed restriction, only the individual or body who created it can enforce it.
5 October 2024 | 10 replies
And renter was sent an itemized list of damages which is not excessive thankfully for me but she is mad she isn't receiving the full deposit back.
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4 October 2024 | 0 replies
We all get it...receiving news of a rent increase can be frustrating for a tenant who's balancing their own financial responsibilities.