Looking for someone who does quality work at competitive prices and knows how to communicate throughout the entire process (and can work at a nice speed).

@James MarshallOrdinarily, you would be right, but only if the FMV value is less than the adjusted cost basis.

It is going to be looked at as you signed a contract, decided to do repairs on your own and then made a determination of what you felt those repairs are worth and adjusted your rent on your own with no approval from the owner of the property.Many areas have a place where you can pay all of your rent and then file a grievance etc, which would be the way to go.

You may adjust depending on the market when the leases come due.

Eddie Speed is another "guru" who can teach you about the process.

thank you.For the adjustments to ARV, do you have any tips on how to calculate the adjustment amount in a local area?

When you are comparing comps to calculate ARV do you use total lot size or livable space ?I assume lot size... am I right?

My attorney and my home insurance adjuster have both said I should file a Police report, and pursue damages.

I know part of it was an increase of interest rate, but I think it is more of a market speculation where most people believe the market is inflated at the moment and wait for an adjustment.

Stop issuing 1099-MISC with box 7 "non-employee compensation" instead of box 1 "rent"Stop including refundable deposits in rent incomeProvide annual reports clearly delineated by propertyLearn the difference between maintenance, repairs and improvements and report accordinglyReport insurance reimbursements separatelyProvide supporting documentation: itemized contractor's invoices, insurance adjusters' reports etc