Joe P.
Can I deduct flea treatment from security deposit?
Recently bought my first rental property in Pennsylvania and sent the tenant a non renewal notice. About 5 days after she vacated I discovered fleas in the apartment. She had a cat which was permitted on the lease. ...
Mukesh Yadav
Loss from a Syndication investment
Hi All,
I have a question for those of that are tax savvy. If you have a loss from syndication investment ( the entire project went bust) can you use that loss (from the final K-1) to offset your regular W-2 income ?...
James Conaway
Pest control liability, judgments and eviction
I have a tenant who brought bed bugs into their unit. I paid to have it remediated to prevent it spreading to other units. The lease agreement states tenant is responsible for pest control. The pest control cost was d...
Charissa Bruckman
Write-Offs for Taxes
When flipping a house, what are some expenses that can be written off for tax purposes? This home is a few hours away; so what about things like driving miles, anything we purchase for the house, food while working on...
Yolanda Williams
Flipping Income Gain
What amount is considered income on house flipping for tax purposes?I purchased a home for cash-no mortgage for 25k put 25k in repairs in and sold for 79k, net 71k. How can I defer or decrease the taxation on income. ...
Angela Smith
How to rid roots from sewer pipes
We are having a problem with slow drains. Had a camera put through the plumbing and discovered roots in the clay sewer pipe. The plumber quoted $900 to jet it out, or $3500 to dig up and replace the pipe.I see there...
Leslie A.
Getting confidence back after mental breakdown
I'm probably the only person on here that has gone through this, but I don't know of another forum where I can discuss this. I rent out RVs that people live in. I've been doing it for over 3 years. So, eleven months a...
Roy Gutierrez
My first rental infestation! FLEAS!
Hi guys,I'm not sure how many of you guys have gone thru a flea infestation but it's NASTY! One of my renter's lease was ending, 3 years never missed a payment, 3 young adults, one of the people leaving the house had ...
Mogen Keene
STR Bedbug prevention
Would love the advise of other STR owners on bedbug prevention. We have a STR in the Smokies and I don’t know if I want to just risk dealing with it if the problem arises. I have read about the huge hassle they are to...
Heather S.
Former Apartment Referral question - treatment center
I have a potential tenant that has listed a treatment center as a former living situation (he was there for 18months prior to the existing 18 months somewhere else). I am curious if anyone else has run into this (and...