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I am renting a bedroom in my house to a roommate. However, she also has access to and uses 2 bathrooms, finished basement, living room, kitchen, garage. How do I list on taxes? She shares use of ALL these rooms. I...
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I have a spare room in a 2BD/2BA apartment. I rent the apartment unit and I am looking to rent out the extra room. I was going to use the two rooms for myself, but decided to rent out the spare room. What are the tax ...
Please share correct legal wording .
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Hello all, Recently finished BRRRR on a duplex in S Florida. Eventually I will go through the process of updating the zoning to duplex and will then be able to call power company for separate meters. Meanwhile, I have...
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Hi All, We are getting ready to list for rent our first whole house room share and I have 2 things I need assistance with from a seasoned by the room rental landlord.
1 - I am struggling to find resources on what...
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Your experiences are needed. I've been involved for almost 4 years. Nothing to sell, but I believe there needs to be more discussion on what is going on in this market. There have been many successes and some failu...
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We just submitted an offer on a REO forclosed property and were told there are multiple offers. I know it makes sense to share a BP rental calculator report when looking for a lender, but do you think it will provide ...
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Howdy all. Newbie here. I'm looking to get some feedback on my potential first purchase, but before that, I wanted to ask the following: How much personal information should one share to best represent the situatio...
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I'm considering writing an offer on a duplex, however the property has a shared heating system. An oil burner with 2 diverters so each unit can control their own heat. The current owner pays the oil bill however colle...
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Hi everyone, Was hoping to get a bay area flips thread going. Please feel free to share your experiences, projects, expenses, profit, pics or anything!