Mario Nacev
Running #s on a charitable donation
Hello I am hoping someone can walk me thru the following hypothetical situation:Property purchased by an LLCRented to Charity for: XRental Income contributed back to Charity 100%: XPlease describe what this would look...
Edward B.
Tax writeoff on a charitable donation of property in Virginia
I attended a local REI meetup last night and the guest speaker was an auctioneer with 37 years of experience in RE investing. He was selling a strategy of buying properties on cheap because they were good for nothing ...
Kyle Jensen
How would you handle clean out of fully furnished house?
We have a house under contract and I’m looking for advice...The woman who lived in this house has passed away and the house still has all of her stuff in it. Her son lives in another state, so he is going to fly in an...
Brent Hayden
I am making an offer on a house that includes full furnishings
A few questions. I'm very interested in this home and I am not including the valuables in the value of the property. This is a single family 3/1 home. Has furniture, beds, etc. 1) Should I value those items?2) I...
Nathan Gesner
What to do when Tenant is arrested?
I'm curious how others would handle this situation.Two renters with multiple children were arrested for abusing a child. The child died a few days later and they are both facing murder charges and will never come back...
Jason S.
Turning an STR into a Traditional Rental
We have been hosting an Airbnb for over a year and have cash flowed more than the home would as a SFR. However, the work we have to do (we do the turnover most of the time), along with the aggravations that come with ...
Frankie Parker
Are tenants responsible for smaller items not specified in lease?
I have a question regarding smaller items in rental properties, such as pillows, door mats, small floor mats, bed covers, etc. To make the answers unbiased for either side, I would like to ask this question both as a ...
Idalia Guerra
In search of an Airbnb 2 night donation for 501c event. Donation is Tax Deductible!
In search of an Airbnb, located in a Touristy area, that is willing to donate 2 nights as an auction item for a 501c event. This donation is tax deductible and we can provide a W-9 upon your request. This donation wil...
Jon Behlke
Maximizing Profits by Selling Left Behind Items/items to be upgraded
I am guessing that the big timers on this site don't do this, (I could be wrong) but as we're just starting our first flip experience, I have stumbled upon some items that made me wonder if other flippers/rehabbers ha...
Nikki Stoddart
Tenants abusing shared Laundry/Storage room
Hello all,Looking for practical advice from you wonderful landlords!I just bought a 5 plex with a shared laundry and storage room. The property was fully leased when I purchased it, and the previous owner had allowed...