Adam S.
Fired Property Manager
Hey everyone!I recently fired my property management company. I will be self-managing. Do I need to issue an addendum to the lease and change all the emergency contact info for repair, how to pay rent, etc. Tenants a...
Eric Sipe
Need Feedback for Property Analysis Calculator
Hello all,I made a Google Sheet/calculator for analyzing properties. Over the last several months, I have been fine-tuning it in order to present it here for feedback. I am looking for constructive criticism/feedback ...
Pat L.
Even the best can get scammed
sobering but it happens .... to the besthttps://www.cbsnews.com/news/b...
Adam Orlebeck
Legal action against PM
I am an out of state investor. I am in CA and I have a SFH in Ft. Worth, TX. I hired a PM in June 2020 and all had been ok until November 2020. November's rent payment to me was not made and called / emailed and rece...
Josh Smith
Schedule E (Passive losses) -> 1040 (personal income)?
Hi
I recently had my 2022 taxes prepared (not yet filed) from a firm and I noticed that they took line 26 of Schedule E “Total rental real estate and royalty income or (loss)”, which is say -$5,000 (notice the minus/...
Kilter L.
Use PayPal to collect rent?
Hi Investors!
What effective ways do you use to collect rent? Has any of you used PayPal? I collected the earnest money from one my of tenant via PayPal and I found it really convenient. The money transfer from the ...
Ondrej Marimar
How to get ITIN for foreigner non-resident?
Hello everyone.If anyone of you foreign no-residents has experience, please share it here. We just established LLC in Indianapolis and heading towards first property buy. I will try to get EIN for the company and ITIN...
Jay Axness
1099-S for transferring RE into personal LLC/LLP?
We are planning to transfer an investment property into an LLP at our cost basis. Are we required to file a 1099-S for our contribution of the real estate to the LLP? Given we are transfering into the LLP at cost bas...
Kyle Lecy
Switching Utilities to Tenant
How does everyone ensure that utilities, electric, water, etc, are switched to the tenant upon move in? Providing a slip showing they've contacted the companies or do you call the utility company the day of to make su...
Karla Simmons
Applications and credit checks
I have been doing my own property management for a while. We own several rental properties. I use Zillow rental manager to advertise our rentals but have not used their applications. I have been handing hard copy appl...