Isaac W.
Worth it to hire a CPA for a side gig that only brings in <7,000K?
Hello All,Very new here, both to the community and to investing/real estate at large.I'm wondering if you all think it's worth it for me and my wife to find a CPA.Our financial situation is pretty simple. We both have...
Account Closed
$10,000 property tax deduction cap impact on house hacking
Hi!Just have a very quick question regarding the newly proposed $10,000 property & state income tax deduction cap. How would it affect the property tax deduction for house hacking (buying a multifamily and living ...
Keena Santos
Has anyone leveraged section 179 business vehicle tax deduction ?
Hello, I was wondering if anyone here has information on leverage big SUV tax credit with their real estate business. - Does financing have to be under LLC? - Will this still qualify if you have a full time remote wor...
Jake Valkusky
Ending Lease Early, What Expenses Can be Handed to the Tenant?
Hi BiggerPockets!We have a tenant who is leaving before their lease ends. What charges/expenses can we hold the tenant responsible for, since they are breaking the lease? Can we charge them for marketing expenses inc...
Paul Zofsak
Property management company is deducting late fees from rent instead of collecting
I am dealing with this local property management company for the first time; everything looked great until my tenant stated paying rent five to ten days late every month. The tenant then pays the rent but nothing ext...
Ari Hadar
Is a duplex without garage so bad?
I am examining a renovated duplex in c neibourhoods in Cleveland in West Boulevard and Stockyards fir averages of 60-70k but both don't have a garage and one don't have a cooling system... How bad it can be for the re...
Kenny Mariboho
Time-limit for tenants to request a pre-move-out inspection - CA Civil Code 1950(f)
We gave our tenant notice of his right to request a pre-move-out inspection 30 days before his moveout. The tenant waited 28 days (2 days before his move-out date) to request a pre-moveout inspection. It is too burde...
Kristi K.
Anyone using Steadily for landlord insurance
I'm shopping insurance again this year because my first renewal is in May and Farmers is raising the cost by 30%. I came across a better quote from Steadily today and it looks enticing but they are relatively new to t...
Francis Poblete
Starting Out - Property Management Collection
Hello,I am a 1st time landlord working with a local property management company in Maryland, USA for my 1st rental. I wanted to know if the practices of this management company for collecting rent is sound. I would li...
David Sicks
Second mortgage on residential real property?
15 years ago, I bought a residential property and lived in it for two years. Then I moved away and rented the residential property. I have paid down the original mortgage quite a bit. Can I take a second mortgage now ...