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Results (5383)
William Petrisko Property damaged by fire, are unused insurance proceeds taxable? Tax implications for keeping vs. selling property?
4 June 2018 | 4 replies

I have a fourplex that was damaged by fire, thankfully no one was hurt.

For ease of the example, let's assume the following numbers:

Property was purchased for $150k. Insurance check I will get is $80k.

...

Juan Diaz Fixing a Layout
11 August 2016 | 0 replies

Sometimes you’ll walk into a house and think to yourself “Wow! This house just feels so awkward!” Whether it’s cramming too many rooms into a small space or using walls so much that the house has a closed-in and claus...

Aaron Lancaster Water Dripping Down Siding
11 September 2024 | 4 replies

I own a two-story duplex where water constantly drips down the siding, even when it hasn't rained for days or weeks. My property manager had someone inspect the issue, and they initially said the AC unit was the probl...

Henry T. What fees do your guests get hit with? Seattle 30 percent!!!
7 March 2023 | 40 replies

I'm quite shocked (and stunned) when I see how much is taxed on to my guest. Airbnb, for their fee,  seems to tack on about 14%, then City of Seattle(lodging tax) tacks on 16%, plus another $4 per night. Then Airbnb s...

Rich Weese Before Balloon payment becomes due
11 August 2010 | 2 replies

There was a previous thread about this same subject. What do I do when my balloon becomes due 10 years down the road ? There were a lot of responses and the consensus of them all listed the following choices:
1. Sell...

Jarred E. The silver bullet
8 January 2013 | 0 replies

Work hard and hand the excess over to your broker seems to be the common trend with most passive investors. The truth is most investors are in fact "passive". Meaning most people out there are too busy earning a livi...

Howard Maidens security deposits
10 April 2016 | 17 replies

Looking for advice on how more experienced landlords handle this situation. I just had tenants move out and left the unit filthy. No real damage, just very dirty. We spent four hours last night cleaning. To start thin...

Brandon Elliott-Pandey BEST Assets protection EVER!!!!
27 October 2022 | 8 replies

Okay, so I see this a lot in our industry. Investors will buy a property and put it into a LLC or buy it with the LLC outright. My question is whether or not to make a NEW LLC for every investment property you own? I ...

Scott Walters Constant Work Orders After New Tenants Move In
29 July 2024 | 10 replies

I would like to get some observations on this. I had a new tenant movie in about a month and a half ago. They rented sight unseen. PM's handyman goes through the property inspection checklist in between tenants to inc...

Robert Spiegel Security Deposit Deduction: What is reasonable for cleaning
21 January 2025 | 10 replies

I recently had a long-term (5.5 years) tenant move out. She was a fantastic tenant—always paid on time, easy to work with, and took good care of the property overall. She did move in two cats during her tenancy (with ...