Henry Clark
Self Storage- Rock Roads and Parking Spots
GeoGrid. Received the first load of Geogrid material. This will be used on the roads.
We are required to have a 24-foot-wide road. This particular item is 13 feet wide. Will overlap by 1 foot each way, which is...
Chinmay J.
Section 8 Payment Delayed.. What could be the reason?
I have a few Section 8 tenants now in my growing portolio, but I didn't see this curveball coming.. This would be the first time that Section 8 payment can "potentially" be delayed. The property is located in Manassa...
Tae C.
What To Do With Code Violation Post-purchase??
Hello all,I have had a property since August 2017 that’s been undergoing a slow rehab. A month or so ago, I received a letter in the mail from the county informing me that there is a code violation for all sorts of r...
Karen Johnson
Do I need to issue a 1099 when insurance covers the cost.
Hello,
I had to perform some repairs to my roof and ceiling due to ice damming. Am I required to issue a 1099 to the contractor if the cost is covered by insurance? To be clear, insurance cut me the check and...
Monika Smith
Becoming A RE agent, and Joint Ventures
In need of a few opinions: I am taking my RE Exam for licensing this week. I have an LLC, which I use for wholesaling, and I also purchase tax liens under the LLC as well. Since it's so close to receiving my license,...
Shu Zhu
Surprise $2000 fine from HOA
Hello all. I own a condo in Las Vegas, which was transferred to me in 2015 from my mother who bought for investment. Never missed HOA fees. Just got a delinquent fine notice and a $2000 bill from the HOA. Called and i...
Jim T.
Overpaying State Income Tax and 1099-G
If one overpays the state income tax, they receive a 1099-G the following year for the refund amount. This makes sense since you were able to deduct all that was deducted rather than just what was ultimately owed. If...
Steve Nowak
Prohibiting smoking in condos
I own and rent out a condo unit, and also serve on the condominium's governing Board. A few years ago, we changed the rules to prohibit smoking in common areas, including exclusive-use common areas such as patios. T...
Kathlyn Lewis
Mortgage late vs. mortgage due
Hello!
Thought some of our lending-savvy peeps here might have some insight on this.
I noticed on my mortgage statements that the mortgage is due on the 1st but isn't late until the 16th! That's a real...
David Bergmann
Cleaning Payment Frequency
I have been managing "per cleaning visit" electronic payments to cleaning company for several AirBnB properties for a few months without issues. However, we have 2 more units coming online in January and feel like th...