Robert Crocker
Short-Term Rental Insurance
Hey guys,Any suggestions on the top STR insurers? I need a minimum of 1M in liability to meet city requirements? Thanks!
Joshua Morgan
Ohio: Enforcing lease terms (smoking, guests) - can I post 3 day Notice to Quit?
Hi Everyone,I'm in Warren Co., OH. We have a long-term tenant who has recently started having a guest live with them. Our lease prohibits overnight guests [7+ consecutive days] and [more than 30 days within a 90 day p...
John McKee
Do you have one bank account for all of your LLC?
How are you guys managing your properties from a banking perspective. Do you have an LLC for each property with each having its own bank account? What has been the easiest.
Jason Houde
LLC and rent checks
Hello everyone! Happy New Year to All!!
This is probably a simple question, but I opened and LLC and have just bought my first rental property. My question is regarding rent checks. Do I have the tenants make the che...
Rickie Mincy
Bank Account Suggestions
Hi BP!I will be closing on my first rental property next week and Im looking for suggestions on how to manage the bank accounts. Based on my research, Im going to open a checking account for rental income and savings ...
Jennifer Hillberg
Selling 2 owner occupied homes in 1 year?
Good Morning all,
I have a question about selling my home. Here's the situation: My husband and I lived in our home for 2 years. We had to move to another city. Instead of selling that home, we're renting it out....
Rob Saxelby
Include or Exclude HOA Fees in the Calculators
Hi there,Would love to get some advice on HOA fees when adding them to the deal calculators. If as a landlord I wanted to pass on the HOA fee to the tenants to be included in the monthly rent, should I include or not ...
Tony Kempisty
Rehab costs - tax deductions?
We are starting our rehab next week on my 1st rental property. The house is in rough shape so we'll be doing a good bit of work: new roof, windows, flooring, cabinets etc.
How much of this can I deduct as repair c...
Max Powers
Common to pay travel exp + mgt fees?
I have several other properties and pay the property manager a fee on total revenue as well as for any supervising they do for work done on the property. I just bought a new property in Florida with a different manag...
Richard Fleming
Buy and hold income question
Let me make sure I get this straight...Just for example, I buy a house today and rent it out tomorrow. From the day I begin to receive rent from the tenant through the Dec 31, this is looked at as "income" by the IRS...