I'm in the middle of creating the deposit disposition for tenants that trashed a property costing roughly $10,000 in damages. Pictures and the condition catalog back up every line item on the disposition. I want to ...
Hello,I am looking at buying a simplisafe system. I have a Vacant unit that has been broken into twice now over a course of 2 months. And I am fed up with it.I want to install a security system. Of course, the unit do...
Hi all. We bought recently bought a house in Florida and realized the sellers agent didn’t include the paperwork to transfer the HOA to us. We were never sent the Homeowners Association/Community Disclosure before clo...
Recently I've been listening to Marco's podcast, and he had a guest on that mentioned "toxic mold" is not covered by liability insurance, or umbrella insurance. As someone who's looking into purchasing his first renta...
When the city inspector came through, they dinged the seller for various items, here's some;-Handrails-Windows-Walkway (concrete) is smashed-Railing (outdoors)-Electrical indoors and on porchesWe drove past the place ...
I have an 8 unit apartment building under contract. I already negotiated the sale price. We had our home inspector and also had our U&O Inspection’s (heat, chimney and electric). We found about $6000 in items that...
Hello BP community. I have 2 rental properties. One shows profit, and the other shows a loss. My accountant says that I can't deduct the losses because the "standard deduction" is higher than my losses. So there is n...
Just got my tax return back from the CPA. It's my first time using one, and since I'm no tax expert, I was shocked to see that I owe taxes and that my wife and I only got the standard deduction because the "Allowable ...
Hi, Myself and 2 partners are getting started in SFH-small multi unit rentals in western PA. Due to a couple factors, we are not looking to actually purchase anything for about 6 months. We are however trying to get a...