Scott Stevens
Don't count on Tenants to change air filters
3 September 2014 | 18 replies
The increase in static pressure can cause problems with the equipment if the duct work or blower cfm is not sized correctly.
Aaron Wyssmann
Does this meet code?
9 October 2014 | 21 replies
2006 IRC -E3305.4 Location of working spaces and equipment.
Account Closed
taxes strating wholesaling on rental business card?
25 May 2011 | 14 replies
Should I just put all the wholesaling marketing things under that as well. also my computer, printer all start up equipment or should i keep it seperate from the rental business (just 1 house) lol
Ed L.
How to Write Off Maintenance expenses on my properties
31 August 2011 | 22 replies
This can vary from 5 years (i.e. computers, office machinary, some automobiles, appliances such as stove and refrig, and furniture used in the rental and carpet), 7 years (office furniture, office equipment, etc), 15 years (roads, shrubbery), and 27.5 years for new roof etc (time begins when work is done not when property was placed in service).
Jeff S.
Section 8 charge what they will pay?
28 May 2014 | 48 replies
As as taxpayer I'm happy to see them vend out as much as possible.
Nathan Gesner
Property management liability
6 November 2013 | 11 replies
I've managed up to 110 people at once, including training, equipping, funding, etc., and all the documentation that goes with that.
Richard Chang
Tax Planning for Buying, developing and selling multiple units
12 October 2012 | 9 replies
In regards to 1031 exchanges it is recommended that you hold it for at least 1 year.Developers shelter income by purchasing additional equipment at better times and though various holdings.
Michael Seeker
Self Employment Tax on a Flip
24 March 2012 | 10 replies
If this is the case, then I guess the real question is whether or not the 2.9% of a reasonable dividend amount is worth the trouble of setting up an S Corp and all of the separation that goes along with it (bank accounts come to mind).I followed the link provided in the above post and noticed that some things such as a vehicle and office equipment would be deductible to the S Corp as well.
Ken Latchers
Your Opinion on Closing Laundry Room & Billing for Water
21 February 2013 | 18 replies
One thing you could do is specifically exclude them on each renewal, and then close-up shop once everybody is excluded.With the RUBS, you can install whatever equipment is required right away, but then only write it into the lease when it comes up for renewal.You can't just start charging for water in the middle of a lease just because you want to.
Claudia Schmidt
Which items does a landlord repair & wear-and-tear of tenants?
1 August 2010 | 1 reply
Tenant will, at its sole expense, keep and maintain the Premises, equipment, and fixtures in good and sanitary condition and repair during the term of this Agreement and any renewal thereof.