Neeta Agrawal
Asking for Security deposit after 1.5 yrs
For context, we gave the tenant a 60-day notice for non upkeep and no repair communication in 2023 and then extended it for 30 days upon his realtor's request, setting the move-out for May 31, 2023. The tenant refused...
Matt Kearns
What do you do when you have problems with irresponsible buyers?
Hello forum,I am an online seller and recently I had problems with a scammer. The guy stole an item that was listed on Amazon. He purchased an item from my store and I shipped it. After 12 days, he wanted a refund bec...
Steve Weihe
Tax deductions-6 month rental before selling last year
Morning all,We sold our house late last year in San Diego and ended up renting it out for the previous 6 months as initially our buyers didn't qualify. We spent almost $12k to get it rental ready (repairs, replacing ...
Julio Gonzalez
Must Read Before Renovations!
Many of us real estate investors at one point or another in our REI careers will flip a house or perform a demo on a property. With demos and gutting properties comes a lot of waste. But did you know that you can actu...
Rj Sayler
Single Family Fiscal Year 2023 Capitalizing vs Deducting
Looking for a little help on the schedule E for Fiscal Year 2023. I and a partner are trying to figure out this best way to handle taxes for 2023. 3 units are being renovated currently, how do we know what cost should...
Shadrick Davis
Should I sue for earnest money?
I accepted an offer, from among 3 competing offers, for a single family house in Indianapolis. Part of the reason I accepted the offer was because it included an "as-is" addendum. The buyer is now trying to back out...
Cory Thorbeck
Seeking potential possibility with a great deal I made
I have been buying and selling items at from storage, auctions, estate sales as well as a few vehicle flips for the past year. I have been very successful. A couple examples: I purchased at keyboard for $100 valued at...
Art Maydan
Donate vs. Sell Clothes
I have a few boxes of clothes I'm getting rid of. Does it make sense to sell any of it at one of those clothing reselling places or will donating everything be better? Is there a cap to the write-off? Would they just ...
Charles Worth
What do you estimate for capex and how do you pay for it?
I should start by saying that I am mostly looking at cash flow markets like Kansas City (KC), Ohio (OH) and Indianapolis (IN) and not higher priced markets like CA or NYC, so what I say depends heavily on that fact.On...
Desmund McDaniel
Both tenants on lease past away
My tenants in my property past away in the same week, they both were on the lease ( older couple) I have since closed up the property and gave a niece access to remove items they may want. It's been 2 months and she h...