Priya Daftary
Selling primary home in first 3 years of moving out
I moved out of my primary home back in mid July 2017. I had rented that house for the last 2.5 years and ready to sell it now to take benefit of the tax break. As per tax laws, I need to close the sale by mid July 202...
Reid Hanley
Landlord Access Question - Did I cross a legal boundary?
As a new landlord of a mobile home park in Florida, I have already experienced my share of tenants moving out in the middle of the night or with extremely short, as in 5 minutes from now and I still haven’t paid rent ...
Sean Price
Buying first home with a lease option
We are currently renting our home. The owner informed us that they would like to sell the house. We can afford PITI on the house but are currently cash poor so can not afford a large down payment. The owner said...
Account Closed
Who is the real owner?
Back in May 2014 I foreclosed on a house in Mississippi for none payment. I was in the second lien position and after the foreclosure the bank in first position refused to work with me in bringing their loan current. ...
Kevin Boucher
Crammed Basement is a Safety Hazard
Hello All,
My insurance company notified me that there is a mess in the basement of one of my tenant occupied units which is a safety hazard and needs to be cleaned up or I will lose my insurance. They notified me in...
Adem Tahiri
Depreciation on tax returns (rental property)
I sold a rental property this year and have to account for depreciation I took in prior years. Which form of my prior years tax returns would have the correct amount that I should account for recapturing now that the ...
Doug Koeser
Eviction letter
Does anyone have a good formal eviction letter they can post or send me for a residential condo? I have sent a 5 Day Notice to Pay or Quit this week. Thank you!
Som Jafari
Not able to write off repairs
Hi everyone, I filled my taxes jointly for the first time.
Tax guy said I can't write off any repairs/upgrades because my wife and I W2 income is over $150,000.
Is this correct?!
Jean Norton
Can we talk about House Bill 87 (Florida) from an Investor's Viewpoint?
What was 5 years to collect is now 1 year. Does that include the statute of limitations for foreclosure filings? See this LINK about a foreclosure missed the 5 year deadline. Is this now 1 year?
Does this ...
Lenzy Ruffin
Rehab held up because of deed recordation
Hoping some experienced rehabbers in Prince George's County, Maryland can offer some guidance or insight. I bought my first property on July 22nd. The money from the hard money lender was not going to be available in ...