If my single-member LLC bought a property in 2014, but was not placed up for rental until 2015; so there is no income or expenses (other than capitalized expenses).  Do I need to add the property on my Schedule E?  It...

Good morning all... I purchased a residential property for a long term corporate client in November 2017.  The client asked for some remodel work to be done and expects to move in on March 1 2018.  It's pretty signifi...

Hello ,My 15 year old HVAC went down today, the motor needs to be replaced it will cost me over $400 and the refrigerant needs to be added that costs another $300 , just the diagnosis costed me over $250. How much doe...

I just acquired a single family home built in 1950.
and wanted to rent out the house on a 1 year lease.
I was considering getting a "Home Warranty".
Are they worth it or not ?
Everything in the house works, but yo...

Hello, We are a property managing company that rehabs and rents our own properties. I am confused when I comes to the categorization of some items. First Repairs/Maintenance and capital expense, from what I found arou...

I am interested in hearing from property managers & landlords nationwide, but really interested to hear from Memphis managers and landlords.  Do you successful enforce tenants to pay maintenance under $150?  For t...

I'm always getting the sneaky leaky sink charge for under $200 on my properties.  It seems like it is one of the most popular things that show up on under the radar every month.  My question, it seems like it is alway...

I have three rental properties in the Houston area. My family and I recently relocated to Arizona and so we reached out to a friend who has a handyman business to ask him to property manage for us. He is asking questi...

Good morning.

I am having continued issues with my property manager. I've only been with them for a year, but in that year I continue to have numerous issues from repairs, to rent deposits.

I listen to a number of...

To determine depreciation for federal tax filing do you apply the original price of the house or the current market value?