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Results (10,000+)
S Yu Separate Bank Account for Rental Activities?
13 May 2024 | 16 replies
Hi as Steve and Jason pointed out it is very important to keep funds seperate.You will need an escrow account, if it's required by law, your account will need to be titled XYZ ESCROW ACCOUNT, if not so required, it can be any account but ONLY deposits and funds held in trust should ever be depoisited to this account and any withdrawl should be well noted on the check and on your books.If you comingle you accounts and you need paper towels to clean units, the IRS can simply disallow your deduction saying it was used at home since it was paid from a personal account or one of comingled funds.I too would suggest you formalize a business entity, an LLC probably.
Shina Smith First time home buyer
12 May 2024 | 1 reply
A lot of the things a mortgage company requires is to protect their financial interests (and subsequently protect you also)....getting title insurance, a survey, an assessment/inspection, and requiring home owner's insurance. 
Jared Billman Dealing With Angry, Homophobic Tenant
13 May 2024 | 13 replies
You are not required to give any reason.
James Mc Ree Solutions for problematic service animals
12 May 2024 | 14 replies
I am already requiring the tenant cover repair costs and want to tell them the dogs have to go.
Santhosh Kumar Canadian citizen want to purchase commercial land and build a strip mall.
12 May 2024 | 1 reply
Visa requirement for travel and carrying out daily operations.2.
Jonathan Mills Best countertop for Kitchen? Granite? Quartz?
13 May 2024 | 11 replies
Quartz is actually stronger than granite, it doesn't require sealing and is easier to clean, it has more color options, and likely cheaper than granite.
Tom P. Newbie question on being a landlord
12 May 2024 | 4 replies
We require ours to pick up minor branches and place them at the curb.Pest control: tenant generally. 
Jake Andronico "I'm waiting for prices to come down" - It Happened Already!
12 May 2024 | 20 replies
I heard that there is a moratorium on any more large developments due to the water issue. 
Rakesh Rai The new law requires a 15-day waiting period to obtain a Trust Deed.
10 May 2024 | 1 reply

Hello everyone, I have a question about the new law that prohibits obtaining a Trust Deed before 15 days. This is concerning because someone who urgently needs to live in a home can outbid us and submit their interest...

Jill Barrett First income property
11 May 2024 | 0 replies
The property was unlivable at the time, broken water pipes, frozen boiler and water damage.