Sarah Present
Terminating month to month lease - please help clarify
Hi all,I would really appreciate any input on this. We had a short term lease with a woman who is living in our carriage house, the lease is written that the term is a 3 month lease, with automatic renewal for up to ...
Marci Stein
Changes to month to month lease Q.
My tenants moved in last month on a monthly basis , paid rent and security. Today the rent is due but tenant did not pay yet via Cozy When texted to remind her she said she had 10 days to pay . My copy says 5 days , ...
Josh M.
Rental Property Tax Strategies - First Time Filling
I apologize in advance for the number of questions. I have tried to phrase them in such a way that it provides my conclusion and I am mostly looking for confirmation.If a CPA wants to do a quick review my return and d...
John Ellis
Full Time Investors: What's a typical day look like
I am planning on leaving my current job and going after my dream of being a full time real estate investor. I am a fix and flip real estate investor who owns the construction company that does all of our rehabs. I am ...
Adam F.
Fall/winter Vacancy in Jersey City
Anyone have any experience filling vacancies in Jersey City in the Fall to Winter months? Is it really much harder?
Margo Sultenfuss
How to better streamline my Airbnb preparation time
Hi everyone! I'm in my first year running my Airbnb listing and, while it's doing well, I am 100% sure I have inefficiencies that are costing me. Currently I have it set up so that there is 1 day of preparation the da...
James Elden
Tax question regarding repair days living at rental property
I am aware of the rules about an owner staying at their own rental property and that if they are staying there to perform maintenance / repairs that this does not count as a "personal" day, I don't want to trigger my ...
Bao Nguyen
high end rental investors: does the 3x income/rent apply?
It's part of my rental policy: household income must be at least 3 times the rental rate. But most of my homes are renting around $1k/month or less.Should this rule apply to high end homes that rent for $3k/month or ...
Randy Dubiskas
New Mexico Politicians may tax STR properties as commercial
I was on a zoom call with Carl Vidal, an Albuquerque realtor and STR management firm owner about this idea that has been floated. The idea is that counties will identify a residential property as a short term rental ...
Dianne Figueroa
Schedule E - Fair rental days and Personal use days
Need help determining the fair rental days.
Purchased a rental property on July 15, 2019 and it took 3 weeks (repairing and making improvements) to get it ready to list on the MLS for rent. The property was listed ...