Kris Barney
Partial VR ownership; house visit expense deductions
Some friends and I are considering buying a VR together, which we plan to use a little and rent out the rest of the time. I believe if I owned the property outright, I could deduct 1-2 visits per year to the property ...
Michael Conte
Accidental landlord. Partial rent payments and undocumented
Hoping to get some advice to help a friend
She inherited a rental property from her late parents. As of august the tenants are behind atleast 5k in rent. Tenants have been occupying the property for over 10 years. I ...
Luke Predmore
Taxes on Rental of Partial Primary Residence
So I bought a house that has the basement completely converted into it's own 2 bedroom apartment. It has it's own kitchen and everything, with their own entrance. Currently, I am allowing a friend to stay there for a ...
Nicole A.
Accept partial rent or only full payments?
I wrote about this topic the other day in my blog and would love to hear people weigh in.I understand some locations do not allow you to accept partial rent and still continue the eviction process. However, if you CAN...
Zach Terhune
Tenants Pay Partial Payment After Eviction Started
We begun an eviction on Monday with some tenants. I sent them an email explaining the process had started and that no partial payments will be accepted from this point forward. The next day they sent a few hundred buc...
Bradley Ritter
First time buying a partial mortgage note?
I have 5k and want to buy a partial note. What kind of return should I look for??
Danielle Thomas
Help! Tenant Suspicious Activity and Pays Partially
Please help! I don’t want my home involved in a crime, can’t prove anything, but there is so much suspicious activity happening!I moved out and rented my home out to a tenant I found on Zillow. I’ve since seen many re...
Sarah Rodgers
Partial Claim on FHA Loan shows unpaid
I sold an FHA backed Condo in December 2020. I did do a loan modification in early 2020. Closing went well - all monies were accounted for in the HUD settlement statement including the $2800 owed for the loan modific...
Kyler J Sloan
Poor Water Quality: Full Refund or Partial?
I was curious what you all would do in this situation:
A guest arrives and sends pictures of water in the sinks and toilets which is colored due to excess iron levels. It was indeed a yellow-brown.
They stayed the...
Michael Alvarez
Cost basis of partially inherited real estate
My mom passed away a few years ago, and the main asset that she left behind was her house. I have three siblings, so each of us were entitled to 25% each. However, my two youngest siblings did not want to keep their i...