Hi,So a partner and myself are entering into a partnership of flips. We have plans to create the LLC for the future projects but this first one we are just running through on of his businesses. We have an idea of how ...
Considering selling condo - looking for guidance regarding possible tax implications. I am aware of the 2 in 5 rule, and have lived in the residence for 20 of the last 60 months, so just short of meeting the capital ...
Hi folks,My wife and I have our property listed, created screening criteria, have done a few showings, and we have 2 applicants so far. Like everyone I'm looking for the elusive perfect tenant, but both of these appli...
Hi If anyone can give some adviceAbout 8 months ago in June 2023, tenant complained of water leakage in one of the rooms, I sent my handyman to take a look and looks like the HVAC air filter was completely blocked, it...
I own three rental homes in Central Texas. After a recent full remodel, I listed one for lease with no smoking and no pets. One applicant listed two persons and a cat. I decided to waive the cat and we started negotia...
In addition to the tax relief introduced under the CARES Act, there are a number of other provisions non-tax related that are designed to help small businesses during this time of crisis.As always, consultant your tax...
After reading this forum, I started to wonder if I have a good insurance on my property.It's a duplex that was built in 1944, 2 bedrooms 1 bath per side. I live on one side and rent out the other side and this is my i...
Hello everyone, one of my renters in a suburb of Phoenix, AZ asked me about 3 months(6 months into a 2 year lease) ago if they could get a dog(its agreed to by both parties no pets)and i said "sorry, no".. Then last ...
I have had water damage to floors all along the front of my house because water was regularly directed into my house from the irrigation nozzles and the HOA are responsible for themI want to sue for the cost of the n...
Hi, has anyone dealt with tenants who claim they are immuno compromised? Is this a "protected class" (rental is in Virginia)This tenant has had a minor electrical repair issue over the past year, but when I send som...