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Results (10,000+)
Roy Mitle Renter demand laundry and dinner payment because appliances broke
4 April 2024 | 42 replies
If so, how can I minimize the rebate I give them - if the rent is say $5000, do I say fridge is $100 and dryer is $150 so ok you can deduct say $(250) * 2weeks/1month = $125. or do I say ok send me your bill for food and laundromat and you can deduct that full amount (that will be expensive I guess).If I'm not liable how do I reply that doesn't have ramifications.
Nathan Frost LLC Address (What is best for security)
3 April 2024 | 19 replies
The bonus here is you can write off the milage (if you deduct by the mileage method) for your travel to pick up your mail.
Maleeha Moha Escrow Cancellation fees
2 April 2024 | 2 replies
They never told me about this fee and won't release my deposit until I sign the release form woth deducts the 400 from mt deposit.
Christopher Mooney Real Estate By The Numbers - NOI calculation
2 April 2024 | 7 replies
It's not a meaningful number you'd ever want to share because income taxes are not deducted from the way properties are generally marketed and this will make your numbers look lower.If you wanted to calculate income net of income taxes at the property level you'd have to first take the net income for the property from Schedule E and divide it by the total income.
Jhana Berry Broken water pipe underground
2 April 2024 | 2 replies
You may want to speak with a real estate attorney as you may be able to deduct the higher than normal water charges from your rent  payments - if you documented everything correctly.
Christopher Morris Next Steps on my Portfolio
2 April 2024 | 3 replies
She also likes it a lot at tax time when those deductions come around.
Cameron Iarrobino If tenant leaves items behind
2 April 2024 | 5 replies
My understanding is that so long as they confirm that they're moved out and give me the keys, I'm well within my rights to just have a junk remover / trash company take whatever was not there to begin with, and deduct that from the security deposit?
Zach Adams House Hacking - Can only deduct rented bedroom square footage?
30 March 2024 | 3 replies
I was told that I could only depreciate 8.6% (square footage percent of the upper unit) and only deduct repairs done to the rented room alone.
Account Closed Deductions for Investment Interest Expenses by Kislay Shah CPA
30 March 2024 | 0 replies
This is achieved because the IRS allows deductions for interest paid on investments when the money is borrowed to do so.
David Shelby Can my LLC act as a management company for my own properties?
1 April 2024 | 10 replies
Red flag to IRS if you try to deduct the taxes and insurance on the LLC tax return.