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Results (10000)
Mark Updegraff S Corp Business deductions for Real Property / Investing?, please help!
30 August 2010 | 3 replies

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
10 August 2020 | 2 replies

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
17 August 2018 | 19 replies

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!
14 September 2022 | 11 replies

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...
23 April 2017 | 8 replies

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
17 June 2022 | 6 replies

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
20 April 2019 | 4 replies

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!
17 May 2022 | 9 replies

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
2 October 2024 | 8 replies

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...

Jack H. Reasonable Carpet Cleaning Fees
13 May 2020 | 13 replies

We have a friend who recently moved out of their rental in Virginia. Its a 4 br / 3 ba SFH and about 3,000 sq ft and no pets. The landlord kept their entire security deposit including $1,950 for carpet cleaning. That ...