Hi Folks,First post here. And btw, thank you for all the wonderful posts and answers. I haven't had a question to ask myself until now. So here it goes...Does anyone (especially the landlords in the colder states such...

I recently bought a property at a higher price because of the very high rent it was getting (based on an existing lease). In four years the current lease will come to an end and the rent will go down most likely by 50...

My tenants moved out of one of my rentals leaving a mess and a German Cockroach infestation. I have incurred around $6K in expenses getting the place back to normal. I have sent the Deposit Disposition with documentat...

Hi All,

I received an email from my servicer the other day saying that my borrower would like to file an insurance claim for a leaky roof. This brought many questions to mind real quick. In further discussion with ...

Hello, I am in NJ and own a condo rental. Had a terrible tenant for a year that finally moved out. Chronic late payments, bounced checks etc. however ultimately I was made whole and got rent for each month. Prior to l...

Is anyone familiar with the rule listed in the title and is anyone that has a full-time job in another industry using this rule? The first two CPAs I reached out to advised against this. Looking for someone who is suc...

Hello BP!I tried searching old posts on this topic and couldn't find a question similar enough to mine. I currently own one rental unit that I manage myself and I'm wondering if I should be able to do a home office de...

I have a small studio apartment about 250 sf with kitchen and bath which is vacant recently.  In the past, It would take about two months to rent it out due to the small size.  So I listed under Social Serve which is ...

I have 6 single family rentals, each has landlord policy (DP3 type) 500k liability coverage.
Last year I transferred (QCD) the properties from personal name to LLC so I added LLC as insured on those policies. The de...

I'm sure someone has run into this issue so I figured I'd reach out but first a little back story.  Tenants signed a 1 year lease in July.  Paid rent on time if not early every month.  A few months ago they asked if t...