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26 September 2018 | 0 replies
I will also eventually renovate other two units once tenants move out, so if work is done well, I am happy to use same contractor for additional work.
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10 October 2018 | 9 replies
The buy and hold would be great as it would generate cash flow plus additional tax deductions.
11 June 2019 | 17 replies
Afterward, once the initial transfer is done, I've never had to provide additional explanation as to why.
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5 October 2018 | 6 replies
We have separate bank accounts and credit cards so for us there is no need for any additional software etc.
26 September 2018 | 1 reply
Also, maybe add something to the lease such as:"Any repairs due to tenant abuse or negligence which must be done immediately will be added to the next month's rent as 'additional rent.'
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28 December 2018 | 5 replies
In addition set up a rehab escrow to fund the project.
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12 October 2018 | 24 replies
Best to go back to your tax adviser for some additional information.
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27 September 2018 | 4 replies
Lastly, just to be good landlords, we're planning on something like a small rent reduction for this time period as an apology.
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31 October 2018 | 26 replies
We then give them an additional 14 calendar days.
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6 October 2018 | 15 replies
I have done this in the past but also require a lease break fee in addition to them being responsible for all rent until their lease expires.