For tax and income purpose, what is done with left over expenses withheld before NOI. I mean, what do I do with it? Do I clame it as income if not used, use it as a mandatory cap-x and dump it into the property, take...

My tenants moved out at the end of the month because I would not renew their lease. Problem is that they left lots of things that they say they want, but have not come back for. New tenants are asking what to do with ...

Hello All, I received PPP loan for missed rent payments for two tenants of $6,000 each unit ($12,000 total) for 3 months of missed rent payments. The payments equaled $1,000 each ($2,000 total) for the units. We have...

I feel I should know this answer but I don't... so I'm exposing my ignorance here. (So far it doesn't hurt too much!)

If someone owns a property free and clear and they don't pay their property taxes one of t...

I keep the good fresh stuff.  Other things like mustard, ketchup or salad dressing I leave for the next tenants.  But if it's something like cold cuts, cheese, bread, eggs, potato chips or pastries I set them out in m...

I sold 2 properties going into a 1031 exchange. it looks like i might have some leftover funds that will be unused and taxed on capital gain. my questions are:1) do i have a choice which property's proceed that exces...

Hello,
I'm flipping my first house. What do you typically do with any left over materials not used from a rehab such as tiles, wood, paint? Should I just have the contractor get rid of remaining unused materials?
Thanks

I am looking into buying my first property in the Toronto area. I am very close to saving up all the required funds for the down payment, land transfer tax, etc..I was wondering how much cash would be recommended to h...

I just took over managing a vacant property and there is a leftover truck. It's been sitting there for at least 5 weeks. Would like to get the property rented quickly, but no one wants a car blocking a driveway.What w...

Hey all my St. Louis house flippers and contractors.I just moved a bunch of random material I had collected and I have this philosophy in life where I say "owning and storing stuff cost money" even if you aren't liter...