Shawn Wade
Early Termination & Security Deposit
Hi, my tenant just broke her lease and moved out a few days ago. The place was left in good condition, clean. Only one thing missing, which I’ll need to see how much it will take to replace.Beyond that, she did choose...
Sam DeBenedetto
Does rental mortgage count against DTI for personal residence?
Hello and here is my situation. I have two mortgages currently for investment properties that are used as rentals. I purchased one property June 2014 and another in November. Both are excellent cash flow generators. I...
Sam Lofton
Verifying Income for Self Employed Applicants
Hi, I'm screening tenants for my next rental and have an applicant who is self employed. How would you recommend verifying his income? Are there extra stipulations you would include in the screening process if a po...
Julia Choseed
Tax lien sales in NJ/PA
Hi all!
I've been thinking about investing in tax liens lately but in the Townships local to me, they only have in-person auctions and they are once a year. Was curious if anyone has any websites for auctions in NJ, ...
Chris Heeren
Property Taxes
Do you or someone you know purposely not pay the property taxes because they feel they can take that money and get a better return on their investment over the delinquent tax interest rate?? I believe as long as th...
Ron Rob
Tenant Never Moved in
Late last month a lady and he husband signed the lease, paid deposit and first month rent. about a week later, while we were on vacation, she called and said she would not be moving in because of a family illness. W...
Adrian Tilley
Return addresses on direct mail, specifically to probates
What do people do about the return address? Printed? Handwritten? None?
Adnan H.
Should i show all rental income as my company income or personal
Hello all, I want to know what are you all doing in regards to showing income through LLC. I have all my properties using loan so they are in personal name except 1 which is under my LLC because i paid cash for it. It...
Serdar C.
peerstreet vs FTF vs patch of land (POL) returns
I think it will be very beneficial for everybody if everyone shares their annualized returns and capital losses if there was any and the percentage loss. Peerstreet publishes their stat to great extent, but not Fund t...
Daniel Murphy
Can you amend previous return to take LESS depreciation?
Hey all, I did a cost seg on my rental property last year & wrote off a bunch of bonus depreciation. Unfortunately, I'm facing an upcoming divorce & the easiest solution to my financial situation is to sell th...