Mitchell Smith
Tenant Issue - What Am I Responsible For?
Hey guys!So I've got quite the predicament.... My tenant just moved in about a month and a half ago and has been pretty good so far. However, recently she has been complaining about a sewage smell in the house. Right ...
Seth Todd
Tenant not paying utilities - Colorado
Long story short, I purchased a condo about a month ago in Lakewood, CO and there were already tenants in there. They have a lease through February of next year. Just got a call last week that they are now having a be...
G. Emerson Zollos
How to get rid of 20 years of smoke
I am in the process of purchasing a rehab that has been smoked in for the past 20 years. What are some of the most effective ways of removing the smell to achieve showroom quality short of tearing out every piece of d...
Boris Psakhis
Need 1031 Exchange Recommendation
Hello,
I am a new investor and I am ready to sell my first flip which turned out to be a home run (thanks to my mentor -- and informational sites like this one)! :D
I plan to use all the proceeds from the sale ...
Elena Gasol
Creative deal structure/capital gains?
Hi BP community!Looking for some ideas on how to structure a deal. Our potential sellers, who bought their property a little more than a year ago as their primary home, would like to sell quickly for health reasons to...
Meng W.
Roach infestation
Hi BP,Can anyone recommend a good product to eliminate or kill roaches. I know boric acid is one that can kill the roaches.Thank you kindly
Pandu Chimata
Tax categories on a vacation home expenses
Hello tax gurus, How are you folks doing?
Background: In this year, I bought a house in CA for an vacation rental in Airbnb and VRBO. Its going good so far. I spent close to 25K in setting up as an vacation rental. ...
Katrina E.
Renting to an ESA owner
As a landlord in the state of Alabama, do we have to accept an official letter from a physician for an animal at a no pets policy place? Per FHA law
Jyoti Gupta
Strip Mall or NNN on 2 acres of vacant land in Fredericksburg, VA
My family owns about 2 acres of vacant land in Fredericksburg, Virginia. We would like to build some sort of commercial building on it. Right now we are trying to decide between a strip mall or some sort of NNN lease ...
Gerard Mangenot
Tax strategy question
I have an single member LLC newly formed in late 2017. I purchased a property in the LLC name to be flipped in 2017 that will sell in 2018. I have not elected to be treated as an S Corp at this time. Nearly all ren...