Ben Breuner
How to handle accounts/taxes on a joint ownership property?
My partner and I are unmarried and just purchased our first rental property. We live in California, but the property we purchased is in Kansas City. We're working with a property manager and I want to ensure we get ou...
Deanna Coffey
Renewing lease without one of the roommates
Hello All,
I have a single family condo (PA) currently rented to 3 related tenants on a one year lease ending in Feb. In speaking with one of the tenants it seems things have gone sour with one of the roommates (not ...
Chad Wilhelm
Disposition of Deposit related to Cleaning and Pest Control
My new tenants have found where the house was not clean enough upon moving in and I have had to get a cleaning service to come in. They have also found ticks in the house, and I have had to get an exterminator to com...
Sanjai Dayal
Own commercial building, I use 2 of 7 offices for medical business- pay myself?
The commercial office space is owned by my LLC. I need to allocate a certain rent to pay myself as I use 2 offices working as a medical provider (another LLC). The higher the rent, the better for tax purposes. Is ther...
Mak K.
Utility & Maintenance Reduction Program?
I recently saw on a MLS listing "All residents will be enrolled in the Utility & Maintenance Reduction Program at an additional fee of $20.00 per month"Anybody any idea how this program work or what is it?
Julio Gonzalez
Increased Audit Risk as a Result of Inflation Reduction Act
The Inflation Reduction Act of 2022 was signed into law on August 16, 2022. As part of this new act, the IRS was allocated $78 billion to hire around 87,000 new employees through the end of 2031. Of the 87,000, not al...
Betty Urban
How do you do showings out of state property in Peoria, Il?
Recently purchase a property in Peoria but don't want to use a property manager. Thought about using smart access like Showmojo but worry about squatters. I thought about asking my handyman to do showings. Love to ...
Nikky Jarvis
Who is accountable for this - realtor or tenant?
I signed a contract with a realtor to find a tenant for my property. He found a tenant after vetting the tenant, we signed a lease, and the realtor sent me a screen shot of renters insurance and utility agreement wit...
Gabriel A.
ListSource.com Review?
How much success have you had using this site for a direct mail marketing campaign?
Thanks!
Gabe
Josh Kindlesparker
Preforeclosure "subject to" and Bankruptcy
If I buy a property "subject to" from a seller in Preforeclosure. I make up the back payment of $7500. What if the seller then files Bankruptcy? What protects me, if anything, from loosing the property and cash?
Is ...