Account Closed
For 50+ MF, how common is it to show a loss after depreciation?
Hi,My wife and I run an online retail business with extremely high "earned income". We want to start investing in real estate to offset that income by one of us becoming a "real estate professional". We don't spend mo...
Lee Warren
Tenant suing for bed bug issues
I have an apartment complex in which one of my tenants has apparently gotten bed bugs. She told my office manager two months ago. As soon as she told the office mgr, the office mgr called me. I immediately calle...
Eric Hugh
STUCK - Can't sell 30 rentals, property management too expensive
Asking directly to those who have owned 10+ properties before, thanks in advance to those who answer or tag those who can.One of my good childhood mentors and his wife built up a nice portfolio of 30+ homes in a secon...
Kathryn Bowden
Help, Appraisal wasn't ordered - what do we do now?
I really need suggestions, as I have never dealt with something like this before. Appraisals in our county generally take over a month once scheduled. Therefore, most escrow times here are set for about 60 days. We...
Michael Plaks
Tax reform Q&A Thread 1 - Pass-through and 20% deduction
Colleagues and friends, The original GOP reform thread started by @Brandon Hall is well over 200 posts by now. This is one of the follow-up threads specifically for discussion of pass-through entities (Sch C / Sch E s...
Matt Higgins
60 minutes homeless crisis ideas for Seattle
Just watched the 60 minutes special on the homeless crisis. Very concerning when you realize that we are part of the problem. To keep our business profitable we absolutely have to screen tenants for felony’s, rental...
Tim Ellis
The Service Dog Dilemma
I wanted to share with you a situation that recently came up with one of our rentals regarding service dogs. Please note we are located in Pennsylvania, though this issue is at a federal level. The Situation: Our ...