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25 June 2020 | 13 replies
By deduction one of the renters must have introduced he bed bugs but they blame each other.Thanks in advance for sharing your relevant experience with such situations and your thoughts.
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29 June 2020 | 15 replies
Also, I'm assuming I don't get to deduct the $143 principal portion of the payment because that is contributing to my equity.I don't know why this seems confusing to me sometimes, but it does!
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17 June 2020 | 2 replies
The Cons: HOA shut down our AirBnB even though there is no mention of them in the CCR (net avg. income from AirBnB $1200/m. you can be levied with a big payment by HOA's for new roof like they did our whole complex cause they never put enough aside for cap/ex. 4500 for each unit for new roofs. ive heard of this assessment happening for pool replastering, repaving parking lot, painting buildings. i would ask the hoa of where you are looking to buy if there any new repairs or maintenance projects coming up that could cost you, and it would be an expence that you dont have budgeted.
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22 June 2020 | 7 replies
Hi everyone, I understand that in Spain there are significant tax breaks (a deduction of 85%) for companies which rent 8 or more apartments under a special regime.
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17 June 2020 | 0 replies
The vacant property is also sub-standard, which if I read correctly, prohibits the owner from any sort of tax deductions on the property, ie they cant depreciate, cant write off interest from the loanAlso, the home has gone into foreclosure multiple times, but is later rescinded after outstanding payments have been paid.
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17 June 2020 | 4 replies
The vacant property is also sub-standard, which if I read correctly, prohibits the owner from any sort of tax deductions on the property, ie they cant depreciate, cant write off interest from the loanAlso, the home has gone into foreclosure multiple times, but is later rescinded after outstanding payments have been paid.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/790342/small_1621497467-avatar-nicholasf42.jpg?twic=v1/output=image&v=2)
17 June 2020 | 2 replies
The vacant property is also sub-standard, which if I read correctly, prohibits the owner from any sort of tax deductions on the property, ie they cant depreciate, cant write off interest from the loanAlso, the home has gone into foreclosure multiple times, but is later rescinded after outstanding payments have been paid.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/119257/small_1621417736-avatar-kevincross.jpg?twic=v1/output=image&v=2)
17 June 2020 | 3 replies
Code Enforcement will make it all go away...and because the have the power to levy fines and lien properties, they get action.
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18 June 2020 | 3 replies
I did state all of the deductions I could have taken in my first email and told him I could have deducted a lot more.
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19 June 2020 | 5 replies
Those mileage deductions can add up quick if you track them!