Has anyone researched whether a short term rental of a single family home meets the NY bungalow exemption from hotel taxes? Any leads most welcome. Thanks
Just figured to share what happened to me...I had to decline submitting an offer with an agent today because I felt the margin was too close. I wanted to badly put this deal in contract today as my first deal but coul...
Do you share rental history for past or current tenants? Is it a hassle?
Context: My spouse is a real estate professional by materially participating in the management of multiple Single family Residential.She spends more than 750hr and keep a methodical record oh the activities. Plus thi...
Tenant says he has the right to withhold rent because I failed as a landlord and will not pay rent until everything is fixed. Here is the story1) He says he has been having roaches problems but I have sent different p...
Just closed on my first duplex and I am inheriting a tenant from previous owner. Seems like a nice tenant but still don’t know. I will be taking the lower unit and his 1 year lease ends at the end of month. It will de...
You're the landlord. What would you do?Schererville, Indiana Family Is Poised To Be Evicted For Having Too Many Childrenhttps://chicago.cbslocal.com/2021/01/13/schererville-indiana-family-is-poised-to-be-evicted-for-h...
Here's my scenario: I had a primary residence I lived in for almost 10 yrs (2000-2010). I then converted it to a rental in 2010. My tenants had a house fire...total loss in Dec 2011. If I collect on insurance an a...
Hello everyone!
I'm reading a lot about passive vs non-passive rental activities and cannot really find a clear explanation.
This publication from the IRS says:
1. "Material Participation: A trade or business activ...
Hello all,I am planning on buying a property in Daytona Beach. At the beginning I was planning on buying the property as investment. Later it occurred to me that I can I can buy it as a vacation home, while I go visit...