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...
Daniel Alfandre
Get fixtures through my plumber?
Can getting fixtures through my plumber be comparable in price with buying them myself if my plumber has discounts through his supplier? Another benefit of getting them through my plumber would be to free up my time ...
Account Closed
First, Last Security Renewal
Hey everyone,
Just wanted to see how everyone else does this. If I have a rental just say 1000 a month, around figure with first, last and security upfront which is 3000. Rent goes up 25 a month. So would ten...
Jeff Sheraton
Automated phone call
I'm sure I am not the only one with this issue. Each month I get stuck making several dozen phone calls to remind tenants to pay their rent. I would like to figure out a way to do an automated recorded call to all o...
Steve T.
Amount for expensing $ amount
I can't get a straight answer from my tax advisors-At what amount, $ wise, do you have to amortize vrs expense it out as a same year deduction?I have been using a $600 limit for expensing, anything over that gets lon...
Lois S.
PM & Turnover expenses
When a PM has their own staff bring property back to rent-ready condition, they present invoice copies of their necessary supplies purchased to the client/owner. If invoice includes tools that can be re-used, who pays...
Nadir M.
Unexpected cost by property Managment
Hello everyone,My PM charged me $290 for replacement of a cartridge on a tub faucet. Does $290 not sound like I was way over charged? I mean how expensive are parts and labor? Sometimes I think about trying to manage ...
Robert Baker
tax deductions of worker who are not licensed contractors
i have an LLC and i purchase about 8 rental properties per year. 2015 was my fist year in business. I originally did the majority of work on the properties my self in the evening and weekends as i have a regular full ...
Kyle Hipp
existing tenant want to pay up rent for the year.
Hi all. I had an existing tenant contact me yesterday to say she would like to pay up rent for the year with her tax return. I have owned the property since October of 2014. It is a 6 unit property that I have been br...
Cheryl Butler
Fear of being stuck with an enormous utility bill
I am looking at a duplex, and according to the leases the landlord pays for the water. The water is billed quarterly, and I am afraid that if there is a leak somewhere I won't know until I receive an enormous water bi...