Denise Evans
Online Alabama Tax Lien Auctions
33 Alabama counties have switched to the new tax lien auction system, and 31 of those will have online auctions this Spring. Jefferson still doing certificate auctions, but I expect that to change in the 2022 auction...
David Navidad
Can I depreciate my VA loan property?
Military guy here, I used the VA loan to buy a home in Texas, lived there for 2 years then got orders to Florida. I’m currently renting it out (3 months now) and changed the home insurance to rent out. The property is...
Mehul Rupani
Form 3115 vs Amending for catch up depreciation
Hi Everyone,
Ok - Ive reading a bunch on this and seems the consensus is to file a 3115 for missed depreciation if its been more than 2 years.
I did claim depreciation on 2023's return but did not claim in 2022, 202...
Resha Baxter
Eviction of non payment of rent turn into drug charges
Eviction which turned into drug bustEviction Notice was posted at rental property 7/2/2018 for non payment of rent and to vacate by 7/31/2018. On 7/16/2018 officers visited the home to serve outstanding warrants on dr...
Kevin Coleman
2017 Standard Chicago Lease
Is anyone willing to share a copy of the Standard Residential Chicago Lease? I have one but it is from 2016 and I am not sure if there have been changes for 2017.
Max Emory
Bookkeeper / Real Estate Investor: Tax Season Reminder
Honestly…They might. If any investors and/or small business owners out there still don’t have 2021 in order, you may want to consider filing an extension. Work with your CPA. If you don’t have one, I know some fantast...
Jason Heath
Section 481A Adjustment For Unclaimed Depreciation
Hi - I think I have found a solution for my unclaimed depreciation dilemma for rental property. For those who have failed to claim the correct amount of depreciation during the time you owned a rental property, have ...
Tim Thompson
Destroyed Property during Domestic Disturbance
Hey All,
I need some advice. I manage my only rental. My tenant texted to let me know there was a domestic disturbance and her boyfriend destroyed the house. Not sure the extent but f the damage yet but the few th...
Burt L.
Check Fraud by Former Tenants With Sec Deposit Return Check, Then Attempted Again!
Something new (?) to be aware of for landlords. I had some tenants who had been with me 2.5 years without issue and were on MTM lease. One day I received a call from a property mgmt co that they had applied for a new ...
Oliver Yu
Subdividing Properties for Investment
I am exploring some opportunities to purchase properties in desirable areas with larger lots and subdividing them to build/sell more units. Is there a good resource on learning how evaluate these kinds of deals? Als...