I'll start by saying: I know I'm too soft on the tenants. We have a late fee in our lease of $25 for rents that run 1100-1200 per month but it's a one-time fee no matter how late they are. I also have a bad habit of f...
Looking for advice on COLLECTING REPAIR COSTS from the tenant that are incurred DURING the tenancy. Something I can put into the lease terms? Our past tenant caused some damage that needed repair during her lease. It ...
Best way to clean mold from a shower?
We have a Section 8 tenant who's portion of the rent has bounced. She has gotten very defensive, and claims that she hasn't been notified by her bank. At this point, I'm trying to determine what the best course of act...
I'm sick of being walked on by one of our tenants. TALK about complainers. I could go down the list, but that's not why I'm here.
This month they wanted to deduct from the rent for something that they "might have...
My tenant is consistently late on rent for the last 3 month. This month is even worse:6/7- I sent out a 3 day notice to pay or vacate per law. She replied and asked to pay rent and late fees on 6/16 due to emergency. ...
We accountants are regularly approached by investors who are unhappy with their current CPAs being too slow to finish the work, too difficult to get hold of, too unreliable, too something else... So I decided to open ...
Hi
Is it unwise to force positive cash flow by putting in more down payment into a single family home that im thinking of buying?
Hi all, I have a tenant who I have been providing about $200 credit every month for her to stay and now her lease is due. I give her market rent if $1600 to renewal. She told me she is happy to pay that with month to ...
In late 2017 I bought a rental property in a trust and the beneficiary is a LLC that I own. How do I file income and expenses on my tax return for this? This rental has had a few partial rent payments and some major...