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8 November 2017 | 16 replies
I have now added a termination fee and all of my leases which helps protect against vacancy losses.
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15 October 2017 | 3 replies
If the dwelling unit is considered home, then the amount of rental expense you can deduct is limited.You cannot report rental expenses that are more than your gross rental income, although the losses can be carried forwarded.Rules:The dwelling unit is considered home if you use a unit for the personal purpose more than the greater of:1.14 days or2.10% of the today days it rented to other at fair market value.If you meet the criteria above, which you will as this is your house, your property is considered home there are two scenarios:1.Home rented for less than 15 days: Do not report any income or expense.
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15 October 2017 | 10 replies
I know I can withhold the loss in rent.
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28 January 2018 | 17 replies
I don't know for sure if your insurance will cover that but it would seem that loss of rent due to this incident could be considered an insured loss.If if you find legally that you are screwed, consider talking to your Mayor and city council.
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6 November 2014 | 8 replies
Usually, those that know me, would say I am never at a loss for words, however, having said that, all I can think of saying at this point is,...
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10 November 2014 | 6 replies
It is a business of profit and loss.
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22 November 2014 | 26 replies
I really doubt that the amount is enough to insure against losses from pets.
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6 December 2014 | 15 replies
I agree with Troy, cut your losses.
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25 March 2015 | 6 replies
I will send Alex a message to put the name in my contact list.I thought i was going to contract on a place this week and needed it cleaned, but the sellers are being unreasonable on price for their property. their loss.
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27 March 2020 | 14 replies
Well it's March, 2020 now and we're in the middle of a pandemic virus causing loss of jobs, closed restaurants and worse.