Phil B.
Interior damage caused by current tenant - Renew lease or not?
21 March 2024 | 8 replies
If they are willing to pay for damages (the excessive Ws&Ts), I would renew the lease.
Abe B.
Bank Accounts + Landlording
21 March 2024 | 6 replies
When a tenant moves out, transfer the deposit back to Checking so it's ready to apply towards expenses or refund the Tenant.If you end up with excess funds in the Checking account, I recommend you transfer it to a third account designated explicitly for future investments.
Don Konipol
Top Ten Excuses(I’ve Gotten) For Not Making Mortgage Payment
20 March 2024 | 11 replies
I owe the IRS money and didn't want them to know I had any excess cash.21.
Account Closed
Selling My Home & Real Estate Commissions
22 March 2024 | 28 replies
Legal counsel for N.A.R. approved the agreement early Friday morning, and The New York Times obtained a copy of the signed document.The deal, which lawyers anticipate will be filed within weeks and still needs a federal court’s approval, would end a multitude of legal claims from home sellers who argued that the rules forced them to pay excessive fees.
Heidi Ann Faller
Negative AGI from rental properties - how to carryforward and use
19 March 2024 | 5 replies
This is typically the excess of deductible expenses over taxable income.Report the NOL on Your Tax Return: On your 2023 tax return, you will need to report the NOL on Schedule 1 (Form 1040), Line 22, "Other income."
Justin Bailey
Heloc down payment vs capital gains tax
19 March 2024 | 3 replies
Except in cases of things like a 1031 exchange, your capital gain is measured on the sale price in excess of the properties basis.
Mica Moore
Property Management Company choose expensive vendor without approval
20 March 2024 | 11 replies
You are correct that $100/hr is excessive, but there may be a justification for it and the amount of time it took.
Konstantin Komkov
Will State Income Tax Lien Stay After Mortgage Foreclosure Sheriff's Sale
20 March 2024 | 11 replies
Home goes for state tax sale obtains excess funds to pay past due taxes and liens then servicer sits on it and never gets their $$$.
Bill Rapp
Will the US Economy See a Repeat of Stagflation?
18 March 2024 | 1 reply
The fed is going to keep a tight position as long as they can...until stuff breaks so they can vacuum up the massive amount of excess stimulus and decrease the size of their balance sheet.
Drew Smith
Security Claim Letter with $0 Security Depsoit
18 March 2024 | 13 replies
Estimate is excess 1.5K for claiming half the walls and ceiling in the home need to be repainted, every door in the house needs to be cleaned, and other random items.