I plan to eliminate rent checks, and am curious to see how landlords on BP collect rent online. Which online rent payment service(s) do you use? Please share your thoughts. Thank you!!
I'm relatively new to landlording having just bought my first 2 rental units in July, 2010. I've been pretty fortunate in not to having a lot of maintenance issues but feel like I'm waiting for the other shoe to drop...
ON 10/30 I made a full priced cash offer on a pre approved short sale. The listing agent has assured me that as of now mine is the only offer that has been submitted to the bank. She was confident that deal coul...
Need a couple of roofing repairs done and do not know if I actually need a roofer to do it. Has anybody ever attempted pretty simple roofing repairs themselves? Or, do you know of a link to a good website that shows...
A friend recently suggested that I look into becoming a LSA as a means of getting my feet wet in the industry while learning the industry and figuring out my entry strategy. She said that I could potentially earn $125...
Hi! My husband and I have been managing our own rental properties for the last 2 and a half years, and we decided that we wanted to outsource the handling of maintenance calls and repairs. We like to travel quite a bi...
I have a two member LLC that owns a small apartment building. We file Forms1065 and 8825. Don't file Sch. E, it isn't necessary when you file 8825.
The income from rent shows up on Line 17, Form 1040.
Since the i...
We all have been instructed to set a criteria for the renters we want to attract and are willing to rent to. Brandon's book on managing rentals is a great primer and guide on the subject. I have read articles on wha...
Because of a need for more space I have moved from a one BR condo I have owned for the past 12 years. I am seeking tips on the tax and administrative aspects as depreciation schedule of placing it for rent.
I've read from several people on here of doing a move out cost spreadsheet that is to be signed by both parties before moving in. For example, if you leave trash in the unit it will cost you this much. A fork in the d...