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11 April 2024 | 2 replies
We also had one where the person being foreclosed on filed for bankruptcy the day of the auction.
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10 April 2024 | 1 reply
Have I had foreclosures/bankruptcies?
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11 April 2024 | 5 replies
I’m also finding an uptick in sales. 3-4 a day slated unless bankruptcy is filed.
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10 April 2024 | 12 replies
Of course they are surfing close to the edge of bankruptcy so....
10 April 2024 | 13 replies
When I used to self manage my properties I used MySmartMove and felt it was a very good screening process - it checks all the main things you need to check (criminal history, bankruptcy/foreclosure history, credit, etc).
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10 April 2024 | 7 replies
And now I'm concerned that this tenant is going to file for bankruptcy.
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9 April 2024 | 8 replies
@Ana Brasher,There is no official declaration or form that is required by the IRS or your state Department of Revenue when you start using the vacation property as a rental.
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10 April 2024 | 11 replies
This applies to properties used for the production of income, such as rental properties.However, if you initially declared your property as an STR (which typically falls under different tax rules), you might have been using a depreciation period of 39 years, which is common for non-residential property or property used for personal purposes.When you convert your property from STR to LTR, it's considered a change in use for tax purposes, and you would adjust your depreciation schedule accordingly.
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8 April 2024 | 4 replies
This was right after all the eviction moratoriums were declared for covid.
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8 April 2024 | 0 replies
He declared bankruptcy for all our credit card accounts but only for himself and specified i was not to be included in that process or notified.