James Galla
SALT Deduction Limit
So, with the §164 SALT deduction limit at $10k, is there a business restructure workaround for scenarios where you have multiple properties with high aggregate property tax exceeding that $10k cap? Is it not something...
Kris Lippi
Can I buy Real Estate with another LLC's profits?
Hi there, my question is really around taxes, I'll admit it is not my strong area and I do have an accountant that I will advise but figured I would see what discussions are generated here.So for my example, I have an...
Daniel Kent
AS IS clause but I still want an inspection
Hi All,So I put an offer on a single family home that I am planning on rehabbing and renting out. The sellers stated that they are unwilling to negotiate anymore on the price and will not make any repairs that we may...
Sophie Mia
Agreeing to buying foreclosed house before inspection?
Hi everyone,
I'm in the process of buying a triplex (foreclosure). It looks like it's in very good condition and should be move-in ready. I will be using FHA Financing.
The problem is that the bank gave...
Berry Starnes
Spread on Cleaning Fees per turn
What is the average spread (difference between what you are charging your guests and paying your cleaner) for your turns? $25? $50?Can we not create a poll in here to make this more anonymous?
Amber Joseph
Property Abandonment
Hello all! Recently we had a tenant refuse to pay until we fixed a problem in their unit, we were having a part shipped & it took a while to get here. We replaced it closer to the middle of the month & then th...
Matt C.
Mismanagement of tenant turnover
Hello folks,First time posting on this forum. I have a frustrating situation with the turnover of my condo unit. Previous tenants moved out and the end of February after living there for 6 years. There was some cos...
Luther Johnson
Refrigerator repair
I had a tenant call about a refrigerator repair. I called a repair technician who did the repair for a couple hundred dollars and I paid it in February. I decided to check the lease agreement for this property a co...
Richard Hoang
Eviction help in California (Sacramento)
I have these really difficult tenants that I'm dealing with. I've given them a 60-day notice, a 3-day pay or quit and they still have not yet paid full rent or began to pack their stuff to move. I'm in between a rock ...
Joe Splitrock
Follow My Vacancy Through Rehab and Tenant Placement
I got a call yesterday from a tenant of five years to give 30 days notice. They are buying a home, which is how I typically lose tenants. The tenant has been pretty hands off over the years. They came to me a couple y...