Yoav Gilad
Creative deal flow... what are YOU doing to maintain or increase your growth?
30 April 2024 | 12 replies
If health issues were mentioned, they tried conveying that selling was preferable to simply losing any and all equity if the property was lost to the bank or county.
Devin Scott
Tenant with significant health issues
27 April 2024 | 2 replies
I'm going to be as lenient as possible I just worry that she could fall 1-2-3 months behind and it's just a really delicate situation to try to collect when she's having major health issues.
Steve K.
Question on Cap Gains taxes/ Section 121 Exclusion
29 April 2024 | 5 replies
If she sells the property before that date, she would not qualify for the full exclusion unless she meets certain exceptions such as unforeseen circumstances like job loss, health issues, or other qualifying reasons outlined in IRS Publication 523.Regarding prorating the exclusion, unfortunately, there's no provision in the tax code for prorating the exclusion based on partial years of ownership or residence.
Bret Kingcade
Should the tenant be billed for full carpet replacement?
28 April 2024 | 25 replies
If the carpet was a few years old before you moved in too, the cost should be depreciated a bit too.
Nathan Gesner
What is the hardest part of DIY management?
30 April 2024 | 28 replies
Some lose their shirts, destroy their health, and even ruin relationships.
Samuel Meyers
Our first home turned "rental" not doing it right yet.
27 April 2024 | 2 replies
Even if you buy the right property, managing the rental and tenants can literally destroy your finances, sanity, health, family life, etc.Keep educating yourself and keep trying!
Andrew Harrill
Citizens Energy - Navigating a $60k Drainage Dilemma: Permits, Pipes, and Public Road
28 April 2024 | 13 replies
The County Health Department (I think) could use the house address to confirm to you if one is allowed or not.I've worked with Citizens for potable/drinking water, but not sewer.Could you help me understand if you're talking about storm water (rain water) or sanitary sewer?
Joseph Schweizer
My first investment property - An out of state deal
30 April 2024 | 99 replies
My property manager will be listing my first one for $2,500 once it's done in March (just waiting on State Health Inspector to approve the septic inspection). - Land prices for a "clean" lot (no protected species, no flood zone, away from busy highway, etc.) are now a minimum of $40k and more like $45-$50k for a freshwater canal lot.
Stacy E.
my first eviction
28 April 2024 | 6 replies
So given that this month there were zero payments of any kind, I started the eviction process as soon as I legally could...This is taking a major toll on my already-tenuous health.
Aliz Raksi
Success with the Just & Reasonable Rent Adjustment Program in LA?
25 April 2024 | 15 replies
That's what I was thinking too. The