Account Closed
Do you offer any courtesy services for existing tenants?
I inherited tenants three houses on shared lots. One tenant whose lease is up for renewals complained about rats. His lease doesn't address who's responsible for pest control. The other homes lease state that it's th...
Leon Lee
Best practice for guests staying longer than 28 days in a STR
Hi, Fellow STR investorsI have seen many posts on this topic, but I am still a little unclear on the best practice for this situation: what is the best way to deal with guests requesting to stay longer than 28 days (o...
Ernie Hogue
How are option fees taxed?
Hi BP community. I searched in the Tax and Legal forum, but didn't see this question answered specifically. I am trying to determine how lease option up-front option fees are taxed. My understanding is that they are r...
Michael Williamson
Mold found during air quality inspection. Aspergillus/Penicillium
During an air quality inspection for a property I’m looking at 2 kinds of mold were found to be at “Elevated” levels: Aspergillus/Penicillium and Basidiospores. The home has had water intrusion at a sliding door that ...
Daniel Ryu
Lots of blogs on retaining tenants.. Have there been good posts on retaining employees?
Hi BP community..I get the BP Blog alerts so I'm usually pretty current on the topics that bloggers are writing about.I've seen some great articles on landlords retaining tenants. I just read a good one featuring 6 Ti...
Leslie Schwab
1031 Proceeds from Sale of LLC into apartment building
Hello BP, I own 4 rental condos in a single member LLC and I’m interested in selling all the properties to an investor and 1031 exchanging the gain into a building I have under contract (to be held in a new LLC where ...
Vijay Chadalavada
Termites in a investment home?
Hi, I'm planning to purchase a duplex home and it is also my first home purchase. The reason I choose duplex is that I live in California and Single Family Homes are in high demand and often expensive. With a duplex, ...
Trevor Gaal
How do you create good-will with your tenants?
Let's share some brag stories about how you've treated your tenants like gold. Maybe an example of how you went above and beyond for them, or did something unexpected and nice, or solved a problem they were having? Af...
Alex Asen
Tax implications of building an addition & selling it as a condo?
I own a 2,000 sq ft single-family outside of Boston, which has been my wife's and my primary residence for 2+ years. I have ZBA approval to create a two-family by building a 2,000 sq ft addition mostly in my current...
Andy A.
1031 exchange, new LLC, am I a disregarded entity, community prop
Looking for some advice from Tax experts, like @Steven Hamilton II.Sold an investment property in California. Opened a 1031 exchange. In escrow to purchase a replacement property (8-unit) in Nevada. Recently opened a ...