Jorge Pereira
Tenants moving out , what are they responsible for fixing ?
I have long term (4 yr) tenants moving out. Are they responsible for patching the small holes in the walls from their paintings that they hung up?
Mark Updegraff
S Corp Business deductions for Real Property / Investing?, please help!
Hello & Thanks to the BP Community! You guys are truly the BEST!
I don't see why this would be an issue, but I'll throw it out before calling my CPA tomorrow.
If an S-Cor...
Ty Parsons
Damage Letter & Documentation
My parents have themselves in a real hard place with their rental property (an inherited property in rural MO). The tenant was in the property for 9 years, so they are aware that most things will be their responsibil...
Greg Wright
Working on IRA property
I understand you can’t do any work on a property your IRA owns. What if you have a portion of that property owned by a LLC? Can you argue you are doing work for the LLC portion?
William Coet
Need Help. Paying For Heat/Elec. Tenants Using Space Heaters!
Hello,I would like to know if there are solutions to this problem:Despite the thermostat being set to 68-70 degrees, the tenants will plug in electric space heaters and drive up the electric costs.This is a 4 unit bui...
Chinmay J.
Older properties... 80 - 100+ yr old and uneven floors...
Recently, I have come across a few properties that are 100+ yrs old with lot of uneven floors. Been reading a lot on how to even out those floors with lot of different and conflicting point of views. So my question ...
Craig Fairfield
Series LLC + Insurance Coverage
Need some perspective on insurance coverage as I'm unsure of the advice I'm getting from my insurance agent and lawyer.We currently have 4 properties in their own respective LLC rolling up to a parent LLC. This is in...
Karim Hafez
Exemptions on sale of a jointly owned/occupied primary residence
I have read through read Voss v. CIR, the memorandum for Inspections of Sections 469(g) and 121, scoured the web, and have attempted to find an attorney/CPA with no luck to help me answer a the question stated below:I...
Danna Gallow
First Investment Property!
Hey Y'all. I am @KountryNotary. I am making the transition from a Mobile Notary into Real Estate Investing. I have a great deal of experience with Real Estate Documents, strong knowledge of my local market in Southe...
Jose Quinones
Long term visitors raise water bill
Bottom line up front: how much time is too much time for visitors? 25%-50% of the month? 75%?? My water bills are high…I think it’s because my tenants have their bf/gf there all the time. Not “living” but stay there a...