Jonn Vidal
HOA ripped out kitchen! Owner denies responsible for loss-of-use!
Last Friday, HOA ripped out rental condo's kitchen for repairs between upstairs and belows units; landlord/owner also denies compensating for anything, won't even reimburse for food!
Moved into condo rental fall 2021...
Andrew Perkins
Trading cash flow for appreciation
Hello,
I’d like to know your thoughts on 1031 exchanging a cash flowing property (purchased 3 years ago and over 1% rule) for a better property in a nicer area. The nicer area will certainly not cash flow as well wi...
Kenneth Burke
One LLC or multiple for each property ?
I'm a relatively new investor with three SFR's, looking to buy #4. I've been advised by my CPA to create a separate LLC for each property, along with individual business accounts for each. From what I understand the L...
John Woodriff
How to define "Occupant"
I seem to have a reoccurring problem with tenants in a basement apartment moving in, and their partner lives with them a majority of the time. How does one define "Occupant"? I use a month to month rental agreement...
Roger Doe
contractors, vendors, project payment
TLDR: Company did shoddy work that is beneath my standards. Should I make the contractor come back and do it the right way even though he has to take a loss?Here is the long version:I have a problem that I hope peopl...
Richard Benjamin Wilhite
How do you deal with dog poop in the yard from tenant's pet
I'm "house-hacking" a duplex. I allowed the upstairs tenant to have a dog. It's in the lease. She pays modest pet fee per month. Over the last several months, the tenant has been letting the dog poop all over the yard...
Aaron Hunt
Can you gift part equity of a home each year to avoid gift tax?
Question for RE / tax gurus:If a property is worth $100k, can two parents gift 50% equity of a property to their child and their spouse in one calendar year (2018), and the remaining 50% of equity the following calend...
Reya Ripet
New Florida landlord laws next year : required permits/fees ?
Hi all. I didn't want to look this up as it would possibly stress me out more, I'd rather ask here and get a direct expert answer .So I heard from someone , whom heard it from her son , that there will be new laws/reg...
Ben Gleason
Mentally unstable tenant now M.I.A.
I am sorry I am such an amateur and asking for so much advice. My situation keeps escalating. I have 2 other posts but to summarize:I own a home and rent the lower. My tenant displays erratic behavior, including possi...
Roy Gutierrez
Flooded basement in rentals
Hi,We just had a very BAD rainstorm here in Michigan (oakland county). My house and 2 rentals had water in the basement, unfortunately I didn't have flood insurance (like 99% of people here it seems). The water has be...