The rental I purchased last week had fairly significant security deposits in place, a portion of which was labeled as "non-refundable".

Am I correct to assume that's essentially income?

If so, from a tax perspective...

Hello all,I setup an account with erentpayment.com today. It seems like a good service. However, my only issue is with the deposit to hold payments and the initial move-in payments. I would like to have tenants pay...

Right now when I do lease signings tenants sign and date each page of the property condition report, then I take it home, scan it and email it to them, asking them to reply that they received it. Only flaw is that the...

Hi Guys question for thr pros on here,FL.HOA is foreclosing on a property with existing Reverse mortgage,The Reverse mortgage was issued 2007 for 300k, property valued at 450k, i know the mechanism of reverse mortgage...

Billing Your Tenants for RentRENTS DUE ON THE FIRST OF EVERY MONTH!It took about a year for me to develop a plan. Tenants were paying their rent any time they wanted to during the rental month. Since I handled my own ...

Can anyone tell me what the “back in my pocket” amount I’d receive from using the section 179 vehicle tax deduction?For instance, say I purchase (for my business) a vehicle over 6000 gvwr, for 40k.If I’m able to write...

I'm an REI newbie and have been talking to several MF syndicators and have learned they mostly use IRR when promoting their offerings. I get conceptually how IRR differs from ROI, and I'm good with Excel and know how ...

Curious if anyone else received this same email from VRBO today:"Subject: Vrbo property rate discrepancy error – action requiredDear Partner,We're reaching out to let you know that we recently discovered a technical e...

Not sure this is the correct category - but i received a letter from a “Consumer Law Attorney” letting me know that “according to court records a foreclosure had officially been filed against you (me)” and that they w...

Scam company. Committing fraud by taking money from clients (myself included) and not paying the insurance companies resulting in cancelled policies, unreturned premiums and uninsured clients. Anthony Lee - The Owner ...