I've been doing a lot of research on rental property tax accounting the past few days and am amazed (frustrated) at how many different answers I'm finding. For example:
1. Pre-rental expenses. On the one ha...
Hello Everyone,
My tenants have recently moved out, leaving the house in less than ideal condition. The condition of some walls went beyond normal wear and tear and the house in general was left quite dirty. I dec...
So, bought a place that has a hoarder. Because they are on housing assistance, we want to give them a chance to clean up before we evict them. Yes, I know they probably won't and how I handle that is not the subject...
Hey everyone!I currently have two tenants in a unit who pay separate utilities and rent under the same lease. One tenant is moving out, while the other is staying.I have a few questions as the lease wraps up:- How do ...
Wondering about your thoughts on this one...
The property is a foreclosure. It hasn't been on the market long enough to have any price reductions.
* Listed at 75,000
* ARV 135,000-140,000
* 3bed/2bath brick - stripp...
Yesterday one of my tenants contacted me and asked that I have someone come clean the dead bugs out of the outdoor light fixture by their front entry - they feel it is my responsibility to take care of this problem.On...
Hi all,I'm the master tenant and my roomate (I'm in the middle of evictin her) wants to hire a cleaning service. (she has not pay for this month rent) We have a cleaning service that comes once a mont but I rather the...
Tenants of 3 years purchased a home of their own in March and decided to stay in rental through lease period so they could renovate. Requests for extensions soon followed, and I approved (in writing) the first request...
I have a client who owns 1.15 acres of land that was previously approved by the city for 5 additional lots. Although, the timing on the permits has passed, and they would need to be applied for again. But they did hav...
I have a rental house with a tenant on a month to month lease. He has always paid his rent on time but is a nuisance to the neighborhood and his(my) yard looks like a junk yard. The city has come down on the property ...