Mike R.
How do I track cash flow in Quickbooks?
Hi all,I am having trouble figuring out which report in Quickbooks I can run that will tell me what by cash flow is for each property. Profit and Loss by Class lists my revenues and expenses but of course does NOT inc...
James Smith
Letter/verbage for not returning a security deposit
Hey everyone!We had our tenant send a text message stating she was giving her 30 days on a month to month lease on July 31 asking to live out her security deposit. I let her know that would not be possible and her lea...
Jon Begley
Can I expense the labor portion of a capital improvement IE: Roof
I am getting ready to have a roof replaced ($8,500) and the estimate list materials and labor separately. I know the roof would be a capital improvement but it got me think that labor isn't a depreciating asset. That ...
Duncan Pratt
Purchase Plus Improvements Mortgage
Hello BP members,
I am hoping to have someone who is an appraiser or knows the ins and outs of Purchase Plus Improvements Mortgages answer my question.
I am currently doing a PPI through TD and it’s coming down t...
Jason T.
Questions on how lenders deal with loans.
Hi all,I'm doing some research on lending and what it takes to become one, and I have some questions, if anyone is willing to give me some answers, that would be great. I hope they aren't too personal or inappropriate...
Shanny Ram
My tenant who moved out recently demands more deposit refunded
I had taken pictures of the house before the tenant moved in. On the day of final walk-thru after moving out, i documented and photographed all the damages. After the tenant left, I observed couple more damages. Major...
Sarah S.
Does anyone have additional contact numbers for Lead Propeller?
So I finally made the decision to go with Lead Propeller but for days straight had payment issues. When I would enter card info it was saying there was an issue with card and all cards were actually fine so I tried ab...
Adam Irvin
Contractor legal help need - Texas specific
I’m in need of help, and an attorney recommendation in the DFW area, for issues with my GC.
Long story short, we’ve gotten to the end of our project and he’s demanding final payment. He’s got work on his invoice tha...
Chad Hotovec
Property Tax Transfer Issue
Well, I had hoped that 2018 would be better for our rentals than 2017, last year was very very painful, but we're not off to a good start. I learned yesterday that when we purchased our last property the title compan...
Phillip Vaughan
Tenant damage to a cabinet door
Hello, I have a question about tenant responsibility. Tenant for a property in Michigan wants a kitchen cabinet door replaced. The door did not just fall apart from "normal wear and tear" but From the image I got, it...