Remember your situation is unique so it's important to consult with a tax advisor or CPA to explore all available options and ensure compliance with tax regulations.Thanks!

They're very different thankfully so it feels like there's always at least one who's acting like a normal human being...A defeasance is something that happens on commercial properties when a securitized loan (like a CMBS [commercial mortgage-backed security] or agency loan) needs to be paid off early, either when you're refinancing or selling your property that has a loan on it.

A realtor who used to have a PM company called "JBS Realty" until this month.He used to manage 8 of my properties and is currently refusing to pay out multiple 5-figures worth of rents/property reserves/security deposits/unpaid utility bills owed. 

But you don’t need a new lease to make a security deposit amendment, that’s just a one page amendment.

Operations and Security Deposit accounts

We also received a $2400 security deposit.

In fact, I help professionals generate leads and streamline operations by assisting with VA hiring, ensuring that time is spent on high-impact activities.• Key Piece of Advice: One thing I wish I’d known sooner is that networking here is about cultivating long-term relationships rather than just quick wins.

Send a document once and ensure it includes a deadline for their response and a consequence for failing to respond.

I completely agree with the importance of securing a good W2 job, living below my means, and investing in real estate early on.

I highly recommend consulting with a CPA or tax professional to ensure you're using the best strategy for your situation.Good luck!