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Results (10,000+)
Zach Cohen How to learn on BP? New to the forums
28 July 2020 | 7 replies
Maybe read the descriptions first, focusing on ones that mention multifamily properties.
Amy Zemser Tenant Terrorizes Innocent Landlord, Landlord Seeks Advice on BP!
12 November 2019 | 75 replies
and/or raise rent to the max allowed by law usually 5-10% annually along with a description of your higher expenses (prop tax, insurance, any upgrades you’ve done, additional occupancy (kid)).
Corey Hajduk First Multi-family purchase. Very rough numbers but so far looks promising. Any opinons or suggestions
30 April 2015 | 15 replies
I think I finally found one that's worth taking to the next stage and contacting the seller's agent to set up a walk through, here are the quick rough numbers….Purchase Price: $129,000 Down: $25,980 (20%) Payment/Month: $775 ($9300) Closing costs: $1249 Management costs: $298 ($3570) Expenses: $298 ($3570) Average Rent/Unit: $745 Total First Year Expenses: $43681 Total First Year Income: $35760The building is a 4-Unit, 2 bed 1 bath per unit, that appears to be in average shape and the description claims to have a "clean and updated interior" but no interior pictures are posted online.
Jordan Williamson New tenant wants to move in her Fiance with eviction history
2 February 2016 | 57 replies
Upon review, we found that in addition to the credit issues that were pointed out, the application has multiple points of non-approval including, but not limited to:-Eviction History:PINELLAS COUNTY CIRCUIT COURTFLcase number02011-07-20FORCIBLE ENTRY/DETAINERapplicantLEE COUNTY CIRCUIT COURTFLcase number02011-05-03FORCIBLE ENTRY/DETAINERapplicant-Criminal History: - Offense Description: FELONY BATT OR DOMESTIC BATT BY STRANGULATION Arrest Date: 2011-12-23 -Offense Description: DRUG EQUIP - POSSESS AND OR USE Arrest Date: 2011-12-24Based on these findings, we will not be able to approve APPLICANTS application and he will not be allowed to be added to the lease and move in to the property.
Eamonn McElroy IS your rental a trade or business (IRC Sec 199A/QBID/20% Deduct)
7 February 2019 | 2 replies
(1) Separate books and records must be maintained to reflect income and expenses for each 'enterprise'.(2)(i) For tax years prior to January 1, 2023, 250 or more hours of "rental services" are performed per year with respect to the rental enterprise.(2)(ii) For tax years beginning after December 31, 2022, 250 or more hours of "rental services" are performed in any three of the five consecutive taxable years that end with the taxable year (or in each year if an enterprise was held less than five years) with respect to the rental enterprise.(3) For tax years beginning after December 31, 2018, the taxpayer maintains records which detail (i) hours of all services performed, (ii) description of all services performed, (iii) dates on which such services were performed, and (iv) who performed the services.(4) Taxpayers must attach a signed statement to their tax return for the tax year they are both eligible for and wish to claim the safe harbor.What the heck are "rental services"?
Amy E. Violent Tenant and Neighbor Conflict
24 May 2017 | 14 replies
In the brief description you have given, it is obvious this tenant is most likely violating numerous terms of your rental agreement.
Jarrod Williams Hotel tax and sales tax on short-term rentals
26 May 2017 | 20 replies
When paid, these allocations will then show in your PnL.I fear, the classification of STR will prevail OVER ALL your guests :sigh:I would get a clarification from the officials; Your description above should be sufficient to present your issue fairly.
Bill F. City Water &Sewer vs Septic and Well
20 June 2017 | 18 replies
Is septic/well something that you would have in the job description of your manager?
Scott Ficek How do you find the REO Asset Manager
9 May 2012 | 56 replies
I will try that.I believe his account is with Country wide, he met a friend of a friend and since has been making good money.I just need to find that friend of a friend. lol
Shanita Parker Estimating rehab cost
6 June 2009 | 10 replies
Ask them to provide you a written estimate to include a brieg description of the work.