Stephen Wahome
Who is responsible for taking the garbage out to the curb
19 May 2021 | 4 replies
If you don’t have a signed lease with the tenants, which would usually require them to dispose of trash, you can take disputes up with the attorney generals office.
Dell J.
My Tenant Died, what to do?
31 May 2021 | 8 replies
If they refuse or are unwilling, see if they will give you permission to dispose of the belongings so you can get the rental back on the market.
David Lao
Interpretation of 8582 Special Allowance for Rental RE Activities
21 May 2021 | 1 reply
Yes you can if you meet the requirements.If you are not a real estate professional, the passive activity losses (PALs) generally are deductible only (1) against income from passive activities, (2) when the entire interest in a passive activity is disposed of in a taxable transaction, or (3) under the $25,000 rental loss privilege for qualified rental activities (subject to the $100,000 AGI phase-out).The general is a rule allowing up to $25,000 of active participation(see below) rental real estate losses as a deduction against nonpassive income.The taxpayer must make management decisions with regard to the property, have at least a 10% ownership share in the property, and the cannot be a limited partner.
Sannibel Carter
Thoughts on Airbnb?
5 August 2021 | 7 replies
Stop and think about the difference between investing in either single family homes or multi-unit properties where you tenants stay an average of 2 years, you only need to collect the rents once every 30 days and maybe 1 or 2 times per year your tenant has some sort of maintenance issue like their water heater or garbage disposer goes on the blink.When you invest in airbnb's your cost to furnish them is higher, your cost to constantly rent them is higher, you may have 50 to 100 different tenants every year and you need to clean inside and outside every unit every time a guest leave.
Sami Gren
prospective teneant with 3 cats
23 May 2021 | 6 replies
After 1 cat and 1 dog - The carpet and the padding were disposed.
Lindsey Clark
What would be your exit strategy be on this fourplex?
24 May 2021 | 17 replies
If the property cash flows and you can get all your money out, do so.this way you are accumulating net worth and capital to eventually dispose of all your properties to get the one.
Dylan Mitchell
California AB 1826 required organic waste recycling
23 May 2021 | 4 replies
You have to follow the laws, but it's a lot more sanitary to dispose of food waste using the garbage disposal.Stench + (disease carrying) flies around the complex.
Cory Lucas
Do I pay my tenant or is that a terrible idea?
5 June 2021 | 15 replies
I offered another one $50 to install a garbage disposal after I dropped it off.
Samuel Mallery
Can someone help me understand drawbacks of a home warranty?
30 May 2021 | 5 replies
Your happy the machine is finally running again but are surprised when the insurance company tells you they are only covering 1/3 of the expenses, because things like freon, freon disposal, and a host of other services are not covered under your insurance policy.
Justin Brown
Avoiding Capital Gains Taxes
31 May 2021 | 5 replies
Tax planning is a long term game and if your advisor had planned your investment and potential disposal, you could have mitigated some of the taxes.