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Results (7544)
Michael Zagorsky Cost Basis and Losses for converting rental to personal residence
21 July 2020 | 1 reply

We had a tenant leave our rental property in May of this year. We received about $5,000 in gross rent. The tenant trashed the property and we had to spend about $8,000 on repairs. Including new paint ($4,400) an...

Jason Krasavage Chicago Rentals - 2021 Property Tax Hike, Passing onto Tenants?
15 April 2022 | 11 replies

Curious about everyone's thoughts on this. 2020 was a weird year for so many reasons, but one result of the pandemic here in Chicago was a temporary decrease in Assessed Value of properties for the 2020 fiscal year. O...

Derek Wheeler Quickbooks, CPA, or Both For Taxes
30 April 2017 | 17 replies

My wife and I are realty agents, and we are in our first year. Up until now, we have been employed by companies that provided W-2s. I am doing what I can to keep track of our finances and tax obligations, but we are l...

Bienes Raices Roommate wants to break lease in rental
14 October 2011 | 20 replies

My rental has three people (husband, wife, & their friend). The friend called me today and says he can't get along with them anymore and he wants to move out at the end of this month (they moved in in May on a one...

Adam S. Self-managing in Indiana from out-of-state
8 January 2023 | 14 replies

Hello.  I'm considering self-managing a rental in Indiana from out-of-state.  However, Indiana Code 32-31-3-18 (IC 32-31-3-18) states that landlords are required to disclose in writing the names and business addresses...

Dami Gonzales Newbie with an idea looking for advice
17 August 2023 | 9 replies

Hello, new here. I have about $55k in cash/stocks right now. I have a pretty good income, currently living near Phoenix Arizona. Living with roommates to keep my rent cost lower. I have an idea. Would love to hear som...

Chad Mercedes Self Rental Renovation
20 September 2024 | 7 replies

Hello
I recently have a rental property with tenants for over 8years. The wife and I are looking at performing the BRRRR strategy. I’m a tradesman that works for a contractor and have 20years experience in Reno’s and...

Rafael Valdor Renting out my townhouse: DIY vs. PM vs. Realtor
11 January 2025 | 14 replies

hi fellow investors,
I want to rent out my townhouse in Calgary, but haven't had much luck with it on Rentfaster and Zillow.
Just a couple of tire kickers so far.
I reached out to a few Realtors (just for tenant pl...

Sahara Faughn Please advise - Covid-19 partial claim, Preforeclosure auction and home sale
14 November 2024 | 12 replies

I am currently in Preforeclosure with a scheduled auction on August 20th, and I am under a special forebearance due to medical issues and having 2 small children under the age of 7. I found a buyer for my home, got a ...

Jodey Rifenburg What can I do with profit to “hide” it from immediate taxes
11 October 2023 | 5 replies

I have had profitable years in the past and have paid a significant amount in taxes. This year will be more profitable than before and I’m working to gain the knowledge to help me not continue to just stay on this pat...