Davido Davido
Neighborhood Cooperates to Rent Abandoned Home. Who Pays Taxes?
In this situation, $60,250 has been collected in rents over a 12-year period ($38,000 net), yet I cannot tell who, if anyone has a reporting or tax liability for the rents collected, or when their liability, if any, w...
Casey Tormoen
landlords eviction lists
Does anyone know where I can go to get a list of landlords who are evicting their tenants?
Ray Arends
How often do you talk to your PM?
How often do you speak to your property manager? I will receive a monthly report but I am unsure of the appropriate amount of phone time in order to manage my manager. How often do you visit your properties? I need to...
Jackie Linne
Taxes for new LLC
Hello!I created a new Single Member LLC in Ohio for rental property. However the property is still under my name, Do I have to report taxes for the SM LLC (which has its own EIN) that technically has no income?I do ha...
Steve Babiak
reporter's "simple assumption" (subject to) sale goes awry
The biggest newspaper in Phila - The Inquirer - recently ran a story from a reporter who was having issues 14 years after he agreed to allow a buyer to acquire his property by a "simple assumption" of the mortgage; so...
Kate Lavery
Like-Kind exchange combined with Sec 121 exclusion - reporting questions
I converted my primary residence into a rental property three years ago. Last year, I completed a 1031 exchange, where I exchanged that rental property for two new residential rental properties. The overall gain on th...
Kunal Balani
Should I involve legal or settle ?
I have a condo and there was water leak in the Unit below my Condo, The neighbor called their Plumbers and mentioned that there might be potential water overflow from my Unit in the report. Two weeks later I received ...
Savannah Sarullo
How can i warn other Landlords
Is there a site where i can warn other landlords of a really bad tenant? I can't take her to small claims cause she disappeared, at least that would have been on her credit report. Any ideas... i hate to see her g...
Jessica Ko
How to deal with someone who is using our property address and pictures to post advertising on Trulia?
Hi there,Someone is using our property address and pictures to post advertising on Trulia, which resulted in the same property address with 2 different rent and the confusions. One of tenants found this situation and ...
Jody Ho
Records to keep for foundation repair
I am in contract with the seller on a property, which have done some foundation repair. However, I wasn't able to find any permit record from the city, and the seller couldn't provide sufficient paper work (only one r...