Joseph Bergman
buying 1st rental
26 August 2016 | 6 replies
I don't think it will be a deal killer but the sellers will have to pay for treatment.
Andrew Wakiria
New member from Worcester.MA
25 August 2016 | 1 reply
I have a background in wastewater treatment, I also have some experience in multi level business.
William R.
My first BRRRR
23 May 2017 | 20 replies
Got the termite treatment done with some help, carpets removed, bathroom demoed, measured for windows and doors, working on putting a complete bid package together for Home Depot (If you spend more than $1500, you can request them to give you a bid price which is usually a bit cheaper).
James Mccarthy
taking landlord to court over bed bugs and other major things
28 August 2016 | 14 replies
The most effective way is heat treatment but not something I can do in an apt.
Mike H.
Pest Control under who's responsibility? Landlord or Tenants'?
30 August 2016 | 22 replies
When a specific infestation is discovered a more intense treatment will need to be done to bring it under control.
Daniel Highsmith
HOA Gotchas?
24 September 2016 | 12 replies
We didn't have contracts in place with many vendors, such as: lawn care, pest control (including white fly treatment), attorney, or irrigation.
Douglas T.
How do I pick a property management company?
5 September 2016 | 9 replies
I can offer a list of services I would expect:Leasing fee covers:PricingMarketingMedia advertisingMember of Multiple Listing Service and syndicated to numerous internet marketing toolsRealtor referral networkOn-call 24 hours including weekends and holidaysShowing, screening and negotiatingCredit reportsThorough background checksDocument preparationManagement Fee Covers:Move-in/move-out coordinationMove-out inspections with digital picturesEnforcement of lease termsTenant public relationsTimely rent collectionComputerized accounting and property management systemsFunds managed by a trust accountTimely disbursement of funds to ownerMonthly statements covering all activityCPA ready annual consolidated statementsScheduled property surveysMaintenanceProperty Repair Services24 hour on-call service for emergency repairs including weekends and holidaysRepair “help line” service at no costReputable maintenance personnelVolume pricing on supplies and servicesSpring A/C service and lawn treatment at owner’s optionUpdating, decorating and refurbishing if desiredInstallation of security devices (locks, etc) as required by law
John Reuther
Non-Passive, Hotel Rule
6 September 2016 | 0 replies
When a property averages less than a 7 day rental period over the course of the tax year and qualifies as a non-rental activity, and non passive tax treatment, how is the rule about personal use affected?
Ramon Olmos
Parents on deed, selling rental
25 August 2017 | 3 replies
The correct treatment would be that each of you would have been reporting a % of the activity of the property as tenants in common in the absence of any other ownership structure.
Harris L.
Understanding Slightly Complicated 1031 Exchange
29 August 2017 | 7 replies
But the two may not mix.An intermediate product like a TIC is a good thought but since what makes the tic qualify for 1031 treatment is that you take a deeded tenant in common interest in the real estate, it too must fall under the regs.