Lisa Kattenhorn
Let tenant deduct services rendered from rent?
Hi everyone,I have heard mixed opinions on this topic and I would love some input from all of you. One of my tenants is a licensed electrician and is willing and able to do some small jobs for me around my new rental...
Bill S.
Change of Status - 6 month challenge
So in the vein of previous posts like The 90 day challenge and 1 year challenge I am faced with a 6 month challenge. The story goes as follows.
I have/had a w2 JOB. It's ok, I'm well paid and it provide...
David Y M.
Tax Schedule E Questions for Active Participation Loss
Current Situation - Trying to tax plan for 2020 tax year- househacking with SO and 3 other roommates, and planning to claim active participation and claim a deductible passive loss- Deductible expenses are based off f...
Bill B.
To landlord, or not to landlord, that is the question......
Whether tis nobler to fix and flip to outrageous fortune, or to landlord and wade into the sea of trouble.....
....my apologies to the bard........
I've seen so many references to "burned out land...
Kurt K.
Tenant wants rent back
Had a tenant pay in full for the month (with late fee)Got a text and girl said her husband was only supposed to give me $50 less because they needed it for groceries this week.What they paid me is what they owed for t...
Maria Marrero
Section 8 tenant analysis
So I am trying to help out a single mom not to lose her section 8 but at the same time, I dont want to lose money.She makes only $13,824 A YEAR [or at least thats what she reported on smartmove.com] The rent is $1750...
Aaron Bihl
DSCR lenders that will lend 100% on purchase
We occasionally come across properties that need little to no work that we would like to keep as rentals. We are buying at a discount but when talking to DSCR lenders all want a 20% percent down payment even if the p...
Lloyd Segal
Economic Update (Monday, March 29, 2021)
Economic Update
(Monday, March 29, 2021)
This pandemic has really exposed the fault lines in our workforce demographics. It has exposed the divide between those who can work from home and those who can’t (deemed e...
Rob J.
A squatter has taken residence in my rental property
Looking for feedback. I have a lease with a renter who moved on January 19th. After moving him out, his mother moved in and changed the locks. The police were called to remove her as trespasser, but the officers wo...
Stephen E.
Elimination of Curry odors?
A mature couple of Indian extraction have applied for one of my units. I am working on the application at present and have not finished processing it. They are first generation immigrants from India and it is clear th...