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Hello, This question goes out to people that rent out property in Ontario, Canada.Is there a standard rental application that we must use when screening our tenants in Ontario? I believe that we have to use the lease ...
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If I'm using the standard mileage rate for 2017, can I also claim my business use percentage for my auto loan interest? My accountant says no, but I've read in books that you can still claim auto loan interest in add...
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We're days from closing on an out-of-stateproperty that has a tenant in place. Going in we knew that the bathroom will need to be redone. My questions are:1-since it's the only bathroom in the house, what should we su...
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Hi Everyone,I am denying two applicants (co-applicants) that applied for one of my units. The two applicants are not married. I mainly communicate with one of the applicants. After I denied them, she is asking for ...
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Hello! New investor here 👋🏻 Is it standard practice for a lender to charge for a credit check? Currently being charged $40 for a "credit report payment authorization".
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To all those who put a lot of miles on their vehicle for their real estate business, The IRS has increased the optional standard mileage rates to 62.5 cents per mile for the rest of 2022 (starting 7/1). The rates from...
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In the How can a college student get started? discussion, the author asked "[w]hat would give the owner the security of knowing the transaction would be beneficial for both parties?" This got me to thinking. Can you g...
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HI : My Tenants just moved in yesterday. Now they are requesting that someone else stay in the unit with them for additional 5 months .They knew about this earlier before renting it and they intentionally did not ment...
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Hey guys!
For meal expenses while traveling overnight for a rental activity, one can use either an actual expense method for meals or standard meal allowance (utulizing per diem rates. See here http://www.irs.gov/pub/...
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Hi Guys,
pulling cash out of 2 sfr, Local bank is offering 6-6.25% loan, 20 years @ 5 year fixed, adjusts every 5 years..
What is your opinion on what ive been offered?is it standard / expensive?
thanks