Sam Leon
Is a landlord liable for spoiled food if refrigerator fails?
This is hypothetical question posted to me by an applicant.The discussion was about renters insurance, and the applicant asked if the refrigerator fails - either because there is a power outage or if the refrigerator ...
Craig Desnoyers
Repair vs replace appliances
Hey everyone, I purchased a property back in Feb. 2022, I have a tenant whose refrigerator leaks water out of the front door and she states this only happens in the summer time. She has been there for a few years now,...
James Farrel
Pre-Rental Expenses Deductible?
I purchased a property this week and immediately advertised it for rent.
I am showing the unit to a prospective tenant today, but we have not yet discussed a lease date. Have I now met the requirement of making t...
Kevin Lanphear
What can I deduct on my taxes for rental property at end of 2021?
If I buy these things BEFORE I CLOSE ON MY FIRST RENTAL PROPERTY, can I still report it as tax deductions for 2021 (max amount I believe I am able to deduct is $5k in first year, start up business expenses, or whateve...
Jestin Sorenson
tenant repair warranty
Hey guys, I bought a turnkey property with new appliances and my tenant tells me that the fridge is not working. It's not keeping things cold. I have a couple questions.Can the tenant be liable for charges if there is...
Sam Dal
HVAC estimate
folksCan someone who has experience with this comment on this estimate in the NYC area? Basically, the furnace was installed incorrectly in the boiler room and is taking air from the boiler room itself instead of the ...
Peter Fokas
repair oven - who is responsible?
Recently purchased an investment property in Newark NJ that had already had tenants living there that are MTM with no documented leases. We have not sorted them out yet in terms of getting them on signed leases yet b...
Roy Gutierrez
Appliances in rentals
Hi,
I have 2 properties in Oak Park MI that I'm about to rent for May:
House 1: signing lease tomorrow, in the better part of this small city for $1,700/month (rents for a similar house go for $1,400 ...
Kent Harris
Installing an HVAC System and Electrical Box
I am renovating a 40 year old house and the HVAC system and electrical system are the original. Since my background is in Electronics and IT is this something I can tackle myself? I have a $20,000 budget and so far th...
Chad Green
Vendor performed work I didn't authorize, what to do?
TL;DR is at the end of this post.My tenant was having issues with the AC. I told him to contact an HVAC company I had researched on a prior occasion. I had previously scheduled for this same company to check on an A...