A: Landlord has an obligation to provide clean water, suck it up and buy it.B: Hard water is bad for your plumbing, buy it hopefully to decrease future repairs.C: Water softeners, like under-sink disposals, ice makers, ceiling fans, love to break and cost you money.

Tonight I mailed them a letter informing them that if it wasn’t all gone by September 30th I would be disposing of it.

If I recall, the investor had a high-paying W2 job, lived very modestly, and put a lot of her disposable income into buying and renovating properties for a sustained amount of time.

Also, who is disposing of materials?  

I would give them an example - if you have a garbage disposal and they clog it because they are putting too many things down it, its not the landlords or garbage disposals fault. 

Do you have a day job and if so do you have disposable income each month to cover some carrying cost while you complete your rehab?      

Alex Rental Income 2015 41316.00 Subtract Vacancy 5% 39250.20 RENTS 2015.00 910.00 873.00 860.00 800.00 Expenses Property Insurance 1834.00 Taxes 3350.00 Total Insurance/Taxes 5184.00 Legal Legal Fees 120.96 Evictions 177.19 Permits 344.00 Total Legal 642.15 Maintenance Labor 1650.00 Appliances 250.00 Lawn & Snow 307.50 Materials 1570.00 Pest Control 400.00 Total Maintenance 4177.50 Utilities Gas/Electric 1860.00 Trash Disposal 1184.00 Water & Sewer 2006.03 Total Utilities 5050.03 Total Expenses 15053.68 Principal 1410 PMI 212 Mortgage Payment 1622 Cash Flow $394.38 FHA Loan Details 310,000k 10k seller assist (covers closing costs) 3.5% down (10,850) 3.75 interest

I leave out a lot of the other “maintenance nightmares” like garbage disposals and dishwashers, but find ceiling fans to be low maintenance.

We are partners in this relationship not simply a business that is disposable.

Under IRS rules (see IRS Publication 925 on Passive Activity and At-Risk Rules), when you sell a rental property, all suspended passive losses from that property and the rest of your portfolio become deductible in the year of the sale, provided you fully dispose of the activity and it is not exchanged for another property (like in a 1031 exchange).If you have $100K in losses from your entire portfolio, those should be applied to the capital gain from the sale of the property—not just the $50K from the specific property being sold.