Nate Michaels
Owner-occupied duplex, how to depreciate properly
Hi all, I'm owner-occupying one unit of a duplex and I'm wondering what is the best to report the depreciation if I convert the owner-occupied unit into a rental at a later date. The challenge I'm having is specifical...
Brian Britton
Selling condo. Tenant requesting compensation.
I'm selling a condo that I rent out. Renter is requesting $200/month rent credit, $75 per open house and $50 per showing. Condo is in Seattle, WA and nothing in the lease prevents me from selling the unit except that...
Account Closed
Does This Section of the Lease Hold Up?
I just moved into a new apartment this weekend and the place was infested with insects. I tried calling the property management company because of this, but they are closed on weekends. Because the unit was infested w...
Patrick Kavanagh Foster
St John New Brunswick Multi Residential Investing
Hello, Just looking for some advice or thoughts on investing in multi residential properties in St John New Brunswick. I currently have enough saved to buy a property there but just wanted to hear if anyone else has h...
Isaac Passmore
Any rules against turning a wet bar into full kitchen in DC?
So I'm seeing that a lot of SFHs in DC splitting the top and lower levels into two different spaces to rent out. Many of these basement units have what are called 'wet bars'. What do they mean when they say this? Is i...
Adriana Mendonca
Rental liability property
I am closing on a new rental property, it will be under an entity name and its our first one. I was told that sine it will be under an entity name, I should have a liability policy, is it something that is important...
Cj Villanueva
Landlord insurance? Do I need supplemental?
Do I need to add supplemental on top of my existing homeowners insurance because it’s an investment property? Specifically wondering about coverage of tenants and if that even matters
David Perez
What type of Insurance? Converting home into rental
Hi BPNot sure what types of coverages I should have on my insurance.I am converting my primary residence to a rental in Florida.Thanks!
Christian Cruz
Homeowners Insurance During Escrow
Hello BP,I’m currently in the escrow process for my first rental property. I was wondering what type of homeowners insurance should I be looking for, what should I have cover? I also live in Texas where homeowners ins...
Frank Martielli
NJ - ADU / Tiny Houses
It would greatly interest me to put what is known as "tiny houses" 3-4 side by side duplex style on a piece of land and rent them out.Not on wheels, but permanent structures with foundations. The problem is I don't th...