You will need to allocate the expenses between the personal and rental portions of the house.

Also, I would personally get rid of the dishwasher as well, 1 less liability to worry about.

This is a great opportunity to conduct an annual walk-through inspection, perform minor maintenance, prep for winter, etc.

I personally hear from tons of people who think the market will come down, due to the struggling middle class and the fact that it will get worse.

I'm not.The way around it is a single-person LLC owned by only one person and not their spouse.

In CA, generally, if a tenants dog gets out and attacks a person or pet by way of landlord negligence, like through a broken window or faulty door, then you the landlord could be held liable.

However, minor cosmetic repairs or repairs to personal property cannot be deducted such as paint, replacing broken hardware, fixing leaks or holes, etc.(2) If you have other types of investments (e.g., stocks or mutual funds) that are operating at a loss, if you liquidate those investments to take a loss, you can use those losses to offset your capital gains.

The appraisal took 2-3 weeks to perform and the cost was just under $5k.

I think we charge about $50 per application for every person over 18 years old.

A properly established plan performs three primary functions: lawsuit deterrence, settlement negotiation leverage and/or placing your assets out of the reach of a legal opponent.You do this by:- Insurance - Using LLC's- Combining them with Trusts- Owning NOTHING personally in your name (the Rich own nothing, but control everything). - Use separate legal tools- DON'T FLAUNT YOUR WEALTHThe main ways clients use their planning are:1.