Yinan Q.
Who is reponsible for maintenance such as gutter cleaning and roto rooter?
Who is reponsible for maintenance such as gutter cleaning and roto rooter? The LL or the tenant?
I have the impression that if it's not the tenants fault to clog the gutters or the sewer, the landlord should take c...
Richard Tibbetts
1031 exchange help near amesbury ma
Never complete a 1031 exchange, looking for help near by. (Amesbury MA)SituationMy 3 family has an accepted offer of $660,000 (pending bank approval)I paid $380,00 and owe $336,000.I have 56,000 in depreciation that ...
Ryan Jaret
Broken sink by the tenant
Hello,
About one week into my tenants lease he broke the sink. I went ahead and paid the maintenance and a new faucet on my own, but told him it was going to be deducted from the SD. Now that the lease is over tena...
Vince Greenland
Help with due dilegence period for multi family complex
We just agreed on a price for a 96 unit class C complex. The complex is currently managed poorly with out of town owners and "suspect" management and maintenance personnel.
First, we own and manage 90 units ...
Nguyen Lin
Laundry equipment for an Apt
Hi all,
I just got a six-unit apart in MA. I reached out to automatic laundry and they proposed to rent my basement to provide laundry service to my tenants. They will cover the equipment, maintenance; and I provide...
Anthony Kenmore
General property maintenance
Hello all!
I'm looking to rent out a property and the property has a pool. How would I ensure that it continues to get properly maintained? I can't force someone to use a specific service can I? If so would it be in...
Sunil Annam
Who does repairs in NNN
In light industrial, say if HVAC broke, should the landlord repair? Or the tenant does and landlord doesn't need to know?if landlord wants to have HVAC serviced every year, does tenant pay for it?
Christopher Parsons
Anyone use Caretaker Property Management?
Hello everyone. We're investing in a small town in Texas and recently had an issue with our current property manager. Not to get too detailed, but basically we had some last minute repairs come up and need to get them...
Chris Gilbert
Tax deductions under the de minimis rule
We replaced the deck on our rental house in 2016, but to make a long story short, we made a number of individual payments for various parts of the deck. We made payments for various materials, labor for different par...
Ike Mouser
Wrap around mortgage income taxable?
I was considering becoming an expert in wrapping SFH's as my start in RE, but have a few questions? Typical rental income is usually not taxable when all deductions are accounted for. Given that wraps dont have the ...