Use the deposit to handle cleaning and repairs, then refund the remainder.

The rental income and expenses would show up on a "schedule E" on your personal tax return.Your CPA should handle this for you.

Hey guys,Real estate brokers, how do you guys handle commission payouts for your agents? 

Title company is helping me w/ that activity on this project, but I handled that personally w/ STL County for my last flip in Mehlville.

I can handle the mortgage of roughly $1,500/month on my own (it'll just make my timeline for paying down CC debt a little longer), however I'm worried I won't qualify for anything.  

It's kind of the wild wild west and some of these tenants don't know the laws but each city has it's own unique set of rules, grams, age requirement, and how the transaction is handled.   

I'm an asset manager handling roughly 150-170 properties nationwide through the Fannie multifamily loan programs.

Just keep doing this month after month with whatever number of turnovers/renovations you can handle per month.Depending on how much of a renovation you're looking to do, and how long each renovation takes is the time frame you use.

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator.So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

Hi Bigger Pockets Family,I was wondering how everyone handles their capex & reserves.