You are allowed to charge for ALL damages beyond ordinary wear-and-tear.

The only thing that sounds out of the ordinary here is the water bill

Hi BiggerPockets Community!
I’m a home inspector and Field Services Director at Pro-Spect Jax in Florida, where I help homebuyers make informed decisions about their investments. I’ve been in the industry for several...

I wonder if people become experienced in real estate - unless they stop growing.

While I’m still in the early stages, I’m incredibly motivated to learn, grow, and surround myself with like-minded individuals who can help guide me along the way.What drew me to real estate is that I saw it as the best route for me and family to have financial freedom.

The Landlord will verify that the rental is empty of all personal belongings and trash and that there is no damage beyond ordinary wear and tear. 

I’m new to the field, but I’m eager to learn, connect, and grow with like-minded individuals who have experience or are also just starting out.I’ve always been drawn to entrepreneurship, and wholesaling real estate caught my attention as a great way to build a business while helping others find investment opportunities.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $690,000

Cash invested: $172,500

Took a gamble on a larger single family home in an up and coming master planned co...

@Muhammad Kashif Flipping a property in 6–9 months results in short-term capital gains, taxed as ordinary income (up to 37% federally, plus NJ state taxes up to 10.75%).

., equipment) are excluded from 1031 treatment and are taxed separately—goodwill is typically taxed as a capital gain, while equipment may be subject to depreciation recapture taxed as ordinary income.To minimize taxes on the sale of the business, consider strategies such as Opportunity Zone investments, which defer gains until 2026 if proceeds are reinvested in a Qualified Opportunity Fund (QOF), or structuring the sale as an installment agreement to spread taxable income over multiple years.