Hello! I'd like to know your thoughts and experience on accepting rent payments. In the past, I've accepted checks with no problems and online transfers with no problems. Unfortunately, I just evicted a tenant this su...
Hello AllI understand that in general there is a 6 month period to close the replacement property. However if i sell now is there any restriction on closing the replacement properties before end of the 2016 tax year?A...
Some details: I purchased a rental property in April; because it took a few months to complete all repairs it wasn't available for renting until September.
I have two questions:
1. I'm allowed to deduct mortgage int...
I'm in a situation where my landlord has not provided me with a lease despite my several discussions with him. I am planning on sending a registered mail notice so I can have documentation. Originally, he stated th...
I applied online for a refi loan against my rental house ( i do not owe anything), but the application asked for a closing date. Do i need to be in contract in order to get a refi loan? i just wanted the money so i ...
Hi all,I know a number of the landlords on this forum use Cozy.co to collect their rents. I have 2 fully furnished apartments that I rent by the semester which means my tenant knows exactly when the lease ends. I star...
I am working on a commercial deal with owner financing. I believe I will work with a title company to set up a note. How do I set up a way to track payments, interest and what is still owed? The owner is an old timer ...
Is anyone else having their rent checks delayed in the mail? One tenant who has pre-addressed and pre-stamped envelopes from me has had their checks delayed multiple times. One time it took 2 weeks. The postmark was d...
I signed a lease with my landlord and paid the full security deposit. I was due to move in a week later. The same night he text me that he needed to cancel my lease because a relative with covid needed to quarantine t...
My tenant was shaky on rent leading up to the coronavirus, and the subsequent shut down made the situation worse. He's been my tenant for 5 years with good payment history, so I'm willing to work with him, and in ear...