What are some creative ways to meet the requirements for claiming land as a farm for tax purposes, allowing me to deduct all related expenses?
Details: I recently purchased 10 acres with a house, barn, pond, etc. I...
I'm attempting to purchase a home at the end of a private lane and was told that I need a "Private Road Maintenance Agreement" or I won't be able to get a loan. Where do I get one of these? If I write my own, wha...
Landlords and Property Managers should stop inspecting occupied rentals.For residents, an inspection feels like a prison shakedown without the cavity search.For owners, negative goodwill with the residents and some ph...
Hi everyone,
One of my tenants recently found a replacement filter for the fridge and wanted me to order more before it expires. It raised a question of whether it’s the tenant responsibility or the landlords to cont...
My tenant makes a lot of excuses to not let my handyman to come in. They give us instructions to make an appointment during 10-11 sometime next week and to call an hour before to see if it is OK..and it still hasn't b...
My wife and I, bought a house. Long term plan is to eventually rent it out. So for the first couple of years we are trying to upgrade it, but still keep in mind that this will be a rental. First thing on the list is t...
In another post, I ask for reference of property management for managing a SFH that I intend to rent out. Though I am out of state, I don't want to sell given the rising market condition there.
Here I would like to ...
I have a home under contract. The Sale price is 15K under the Appraised value. My finances, income, credit history are all in order without issues for best rates. Typical 20% down.The loan is in the final stages and r...
I have a property that I am working on but wanted some feedback from the pros! This is a triplex in a medium sized community on the edge of their downtown by a junkyard and jail.Purchase price: $135,000Rents: $1,800Te...
Just a word of advice, don't count on your tenants to change the air filters in your home. I saw a work order from the management company late last night saying the ac stopped and today, Sunday, went over in the morni...