
12 March 2025 | 15 replies
How you develop negotiating skills and how you apply these is totally dependent on your comfort zone, your personality, your time allotment, etc.

4 March 2025 | 12 replies
The more people living in a building, the less personal responsibility each tenant feels.

4 February 2025 | 4 replies
If Person A had any claim to the deposit, it would have been right after they left, which apparently was over a year ago.Your agreement is with Person B and that's who you would return the deposit to.

5 March 2025 | 2 replies
The IRS has strict prohibited transaction rules under IRC Section 4975, which prevent the IRA owner from personally benefiting from or interacting with the IRA asset.

27 February 2025 | 3 replies
Move-Out Checklist for Investment PropertyA well-structured move-out checklist helps protect your investment, ensures a smooth tenant transition, and reduces turnover costs.Tenant Responsibilities (Before Move-Out)✅ Provide written notice of intent to vacate (per lease terms)✅ Schedule a move-out inspection (if required)✅ Pay all outstanding rent and utilities✅ Remove all personal belongings and trash✅ Clean the unit thoroughly:Wipe down walls, baseboards, and doorsVacuum and mop floorsClean kitchen appliances (inside/out)Wipe down cabinets and countertopsScrub bathroom sinks, toilets, showers/tubs✅ Replace any missing or burned-out light bulbs✅ Repair any tenant-caused damage (holes, broken blinds, etc.)✅ Return all keys, garage remotes, and access cards✅ Provide a forwarding address for the security deposit refundLandlord/Property Manager Responsibilities✅ Conduct a pre-move-out inspection (optional)✅ Take photos/videos of the property’s condition✅ Verify all keys, garage remotes, and access cards are returned✅ Check for unpaid rent, utilities, or damages beyond normal wear and tear✅ Hire a cleaning service (if needed)✅ Complete repairs and maintenance (paint, flooring, appliances, HVAC, plumbing)✅ Change locks if required by state law or property policy✅ Test smoke detectors and carbon monoxide alarms✅ Review lease terms for security deposit deductions✅ Send tenant security deposit refund (minus any deductions) within the legal timeframe

6 March 2025 | 13 replies
We take a "whole person" approach.

20 February 2025 | 6 replies
When it comes to your 1031 exchange the LLC really isn't the issue.The IRS cares about which tax return reports the activity of the property.

3 March 2025 | 2 replies
It may be law maybe not, but it isn't going to be enforced.Treasury Department Suspends the Enforcement of BOI that Forces Small Businesses to Report Personal Details About Their Owners to the FedsThe U.S.

25 February 2025 | 13 replies
Quote from @Travis Timmons: There is the business side - evaluating return on equity, but it's also okay to get a little emotional.

22 February 2025 | 14 replies
It's a great returning property.