Aimee Knier
Coffee with tenant to discuss late rent?
I just read an article that made a recommendation that I found weird and not a good idea, and want to get an outside opinion. When your tenant has been consistently late in rent and is clearly in danger of eventually ...
Kamran Rahman
Tenant asking for rent reduction (unrelated to COVID).
Hi allI’ll jump right into things. Context:I have a 3 bedroom condo 2 rooms are rented out. Tenant A is an A+ tenant Tenant B is a C+ tenant. I used to occupy the third room as a house hacker, and am planning to re...
Timothy W.
Why Michael Moore is wrong about capitalism
http://business.nd.edu/ask_more/commentary.aspx?id=4649
I found this very interesting article written by two Notre Dame university business professors. It is short and succinct but very interesti...
Bar Shalom Laniado
Two states investments
Hey,I am a Wisconsin investor and I consider start investing in TX.I have LLC in Wisconsin. Could you please advice regarding the following:1. Can I use the Wisconsin LLC to hold my TX properties?2. Should I do it? A...
Lawrence L.
House hacking my CPA says don't claim rental income
I have a one family house renting out the top living in the basement. My CPA says when I file I should not file showing the rental income because if I want to sell then I will not get the 250,000 tax free allowance. I...
Nicole A.
An advocate for my tenant called...
My trouble tenant used to be homeless maybe a year ago or so. So, he has connections with councilors and advocates to I guess help him along.
Anyway, I knew I shouldn't have accepted his application, but I ...
Bienes Raices
Determining basis of REO property (rental)
If you bought an REO property (to be used as a rental) that needed substantial repairs and the market value is higher than what you paid for it, how do you determine the basis for federal taxes?
I have been told vari...
Ryan Keenan
Claiming improvements on your taxes
hello BP, question about doing my taxes this year.. I bought a duplex and took out a 20,000 loan to fix it up.. I would like to buy another property this year and need every penny of income to help show the bank to qu...
Anthony Park
Landlord ESA question
Hello my name is Anthony I currently manage my property in Magna Utah. One of my current tenants that signed a few months back into our lease agreement informed he would be acquiring an Emotional Support Animal. I man...
Jeremy Goldizen
When do you say you aren't a newbie anymore?
Just a light hearted conversation starter here.... when do/did you consider yourself not a newbie anymore in real estate investing? Was it after your first, fifth, 20th? I