Linky link. For those unaware, we had a tragedy in Oakland this past weekend. Fire. About two dozen people lived in the building. Dozens are dead, in what reads like something out of the developing world: very large p...
Today was our scheduled semi-annual inspections of all of our rental properties. During the winter months we hire a local heating contractor that we do our business with to inspect the furnace. Every year. And, ...
I have a flip in Southside Chicago that just has a minor punch list that needs to be completed. We already have a buyer who came in at ask. The thing is, our house is being targeted for vandalism. We've had a fire set...
Hi folks,I have a upstairs/downstairs duplex, with laundry room on the second floor for the upstairs apt. The flooring is vinyl plank that is water resistant, not waterproof, with no floor drain or anything, and I lie...
I have a property that I self-manage. It has been rented since 2016 to the same tenant.Other than a couple times the tenant has called about heating issues, I don’t really have a system in place to keep tabs on both ...
I reside in my owner occupied duplex and rent out the other side. The back door has windows that, when broken, would allow access to the interior thumb latch deadbolt. Thus, someone wanting to break in could easily ...
I recently reviewed my taxes prepared by my CPA. I discussed with him the option of bonus depreciation. He asked for specific cost items. These included HVAC, roof, fire alarm and security system, cost of beds, furn...
Hey guys who is responsible for checking the batteries and making sure the detectors are working properly after the tenant has moved in? ( assuming properly working and tenant check off on them) I am
In Texas, I am c...
Hey all, I have a general lease and clearly it is outdated with no mention of wifi or connected devices, wondering how you throw in connected/ wifi devices into your new age leases? Anyone have a sample clause?Thanks.
Hello, my goal is to convert my primary SFH to a rental. From what I read, depreciation is calculated on the purchase price of the investment property. In my situation, I purchased my primary over 22 years ago and I...