Or I can make it a gravel lot, put up a fence, and call it boat and rv storage.

I've already renovated one of the bathrooms, and I’m planning to paint the interior, update the kitchen cabinets, possibly sand the wood floors, build a fence is a corner lot and increase the rent for the room since my tenant is currently renting the entire 3-bedroom, 2-bathroom house for $800 a month.

@Natalia Perlova if the switch is in a common area and you are having trouble with the tenant especially if you think they switched the burner off deliberately (it should be a bright red switch plate in our area labeled oil burner).

The insurance agency I work with is having trouble finding a company that understands that type of policy and also offers it.  

Hello, I am a first time landlord with my first property. My tenant just notified me of this in November and they first started noticing it back in May (eye roll lol). There appears to be a leak but I'm not a very han...

Bonus depreciation is just a special part of the US tax code.It allows you to take accelerated depreciation on portions of your property depending on when an asset is put into service.At the time of this writing, you can write off a huge portion (60% in 2024) of many qualified components that have a useful lifespan of 15 years or less.That means a certain percentage of things like landscaping, sidewalks, latches, appliances, fences, certain flooring, etc is depreciable in year 1.The bonus depreciation rate percentage changes yearly depending on the administration and the tax code.For years 2015 through 2017 first-year depreciation for all the items on a 15-year schedule or less was set to 50%.It was scheduled to go down to 40% in 2018 and 30% in 2019 and then 0% in 2020.But then Trump got elected, and he enacted the Tax Cuts and Jobs Act.That moved the bonus depreciation percentage to 100% from 2017 to 2022.In 2023 it went down to 80% and it’s currently at 60%.Depending on who gets elected again, 100% may be back on the table.Only time will tell.We know that the US government wants to incentivize more development and ownership of RE.They want Americans to continue to build and maintain our physical world.That’s why real estate is one of the most tax-advantaged assets in the US.Depreciation and bonus depreciation for RE are very positive and will likely continue in the years ahead.

Software automates what you already know (hopefully) - for some folks they get in trouble because they assume the software "knows" and they don't bother to learn it.

I find it weird that your previous lender gave you trouble.

Dumb question, but is asking a police officer to swing by just to assess if there is weed (quick smell test) be too much/a violation of anything/asking for trouble?

Suddenly everything bad that could happen to him began to happen, he was sick, the weather was bad, he had car trouble - any reason he could think of to not go into work.