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Results (1701)
Tom Manna Buy and hold turns to flip 1031??
3 January 2020 | 4 replies

Hey BP!I bought a 3 family march 2019 and have been rehabbing since, vacant since day 1. My plan was to BRRRR it and keep it forever. Now I’m nearing the end of the project my agent suggested I sell them as condos, wh...

Ikenna Okoye Action to take on rent and deposit not being returned
11 March 2022 | 5 replies

Hi all,I recently started a short term rental business. I rented a house under a corporate leasing structure and signed a lease and paid a deposit. The house was furnished mostly so I bought some items to complete fur...

Anthony Polcyn Bed bugs and land contracts
12 July 2015 | 6 replies

Hi fellow investors. I am seeking advice about bed bugs.  I have a SFR rental and my tenants moved out without notice and handed the neighbors the keys.  They told them it has bedbugs (brought in by the tenants).  The...

Howard Mayberry 1031 exchange and renovation costs
7 November 2016 | 10 replies

I have a rental that is too big and nice to produce a reasonable ROI.  I would like to do a 1031 exchange for apartment buildings that need renovations.  Can I include renovations costs with the cost of the apartments...

Andrew Klein Bookkeeping as a downpayment accrual/ learning method
18 October 2018 | 3 replies

I am in the middle of an introductory class to bookkeeping and highly considering taking the full class to become a professional bookkeeper. Do many real estate users use them? Would anyone be willing to teach me how ...

Luke Perrin Does filing one tax return for multiple LLCs negate asset protection?
11 December 2023 | 19 replies

My wife and I own 2 rental properties in Colorado that we are working on getting into LLCs for asset protection purposes. I also have a single member LLC for work. We have a Wyoming LLC owned 50/50 between the two of ...

Aditya Soma Tenant wants to moveout immediately and asking for last monthrent
25 May 2017 | 10 replies

Hello Friends,I encountered with the first tenant problem.I own a 3bed room unit in Windsor, Ontario, Canada. Rented, tenant moved in on 1st of this month, signed the 1 year lease(have all the papers signed), paid 1st...

Ray Realdine Question about window treatments in rental
6 April 2018 | 12 replies

Hi,
My question is:
Do I have to supply window treatments (blinds, verticals, etc) in my rental or is it up to the tenant? I’m just thinking about cutting costs as much as I can at this point, because we are almost ov...

David de Luna List purchased properties on Schedule C not yet sold?
23 July 2020 | 11 replies

I have been told by a number of CPAs that it's fine to go either way whether to list properties I purchased and have invested/rehabbing them, but have not yet sold in 2019 tax year. Either list them under inventory on...