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5 February 2016 | 0 replies
I have not cashed it because I want to keep my books clean and not have any "business" money in my personal checking account.
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5 February 2016 | 4 replies
If the LLC did not own the properties, did not actually spend the money for the expenses or accept rents then you should claim the expenses under your own name.If the money ran through the LLC then the LLC would claim both the income and expenses.If it was some combination of the two then you have a bit of a mess to clean up.
5 February 2016 | 1 reply
:)Just purchased a nice little rental in West Palm Beach, Fl. that will bring in $1000-$1400 a month income.The entire bottom floor is covered in Mexican tile.It would be too costly to rip up the floors and put in wood or tile.Is there anyway to treat, clean, etc. to make this stuff look great?
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7 February 2016 | 15 replies
And 2 days later they text and said while they was cleaning the kitchen counter and turned the garbage disposal switched on she got shock.
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14 August 2016 | 11 replies
It is a 3/4 acre lot with utilities ready on site and the site with a little clean up would be ready to build on.
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4 April 2016 | 32 replies
Problem #1- After the demo, we realize that all of the Electrical is a fire hazard and there are no lights in any of the bedrooms or living room...
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12 February 2016 | 2 replies
Hey Christopher,I'm not an insurance broker, but usually they need the following for rental property:Year BuiltSquare FootageBeds/BathsRoof, HVAC, plumbing, and electrical system age (if you know it)Type of construction and exterior claddingBasement (finished or unfinished) and square footage valuesSome companies require picturesI hope this helps.
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21 April 2016 | 61 replies
Water, Trash, common electrical?
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6 February 2016 | 5 replies
We spent a month cleaning the place up (this including getting the pool cleaned, replacing everything in both bathrooms, redoing the kitchen, painting and generally just making it liveable.
7 February 2016 | 8 replies
Yes keeping your units clean and updated( particularly kitchens and baths) will help you collect the higher side of your market rates...but realistically these updates should be ongoing and not a prime rent increasing tool.