Jim Panek
Insurance Reimbursement for Frozen Pipe
Hello,I own an upper/lower duplex in Milwaukee, WI. I live (well lived) in the lower unit, and rented out the upper unit. BecauseI lived in the home I had a homeowners insurance policy (not a landlord policy). On Chri...
Kristen P.
Reimbursing tenant for unusable bathroom?
Hi all ,Our downstairs tenant reached out because their bathroom ceiling had water damage and was leaking, come to find out the upstairs toilet has been loose and leaking which we were not aware of unfortunately. My ...
Bienes Raices
LLC start up costs--reimburse?
I know this is kind of an odd question, but is the LLC required to reimburse me for its start up costs (since I paid for those in my own name)?
For example, the formation company offered a discount for buying multip...
Mark Rogers
Section 105 Health Reimbursement Arrangement
My wife and I close on the sale of her former home tomorrow and are putting the finishing touches on the legal side of things before we start making offers and bidding at auctions. We will set up an LLC with an S Cor...
Rachel H.
Reimburse Tenant for Furniture Anchors?
I have a tenant in Portland, OR in a house that needs the carpet restretched. During restretching, we may need to move some of the tenant’s furniture, though we will work around it if we can. This tenant has a 9-month...
Brice Alef
Family Supplies and Labor Reimbursement
Hi there. im currently renovating a triplex investment property and have some family helping out. How do I reimburse them for supplies and labor in a way that is still tax deferred?thank you.
Scott Smith
rent reduction to reimburse tenants?
Hello - A tenant in a property within my IRA/LLC is going to purchase a garage door opener to replace a failed one. 50 bucks. Can I let that transpire, and reduce that cost from her rent? Seems fine but I want to c...
Natalie Wood
Delay in Plumbing Fix - reimbursement?
Hi Team,
There is greywater coming up through the basement floor drain. The earliest I can get a plumber to look at this issue is tomorrow morning. It's about 1:30 pm now. This will prevent them from being able to us...
Dominic L.
Former owner refusing rent reimbursement
Hi all,I purchased a duplex in Oakland a few months ago. Both tenants are Section 8. I filed the paperwork for rent reimbursement and sent it to the Oakland Housing Authority on time. However it took a while for OHA t...
Jeffrey Wolff
LLC startup-costs / reimbursed business expense
For the startup costs of a single-member RE holding LLC that were incurred before the corporation existed, but used to start the company, can those costs be put on the books as "unreimbursed business expenses" and the...