I am contemplating purchasing a duplex that currently has a massive loft on the third floor with a full bathroom in it. The loft has a separate door in the stairway so it is not connected to the upper unit (although t...
Need help from the accountants out there, there are a lot of posts on this topic but none I could find that address this question and my CPA wasn't much help (may need a new CPA)...I just moved my buy-and-hold rental ...
I am in the process of searching for our first rental property and trying to learn from other people’s experiences. So my question is this : do you think it’s a good idea to setup a new / separate email account for “l...
Hi,We are investors in Sandy Springs, GA and we have a question regarding renting out by room through airbnb?1. How to separate each room? what type of lock needs to install (ex. smartlock)?2. What other important thi...
I own a triplex. I live in the main house up front which has its own water and electric meter. I have two small homes in the back that share a water and electric meter. How do I handle utilities for these homes since ...
Hello All!
I have a tenant in one of my rentals who signed a two year lease- he has another 15 months on that lease. He informed me that his girlfriend was going to be living with him for some time. I was going to ad...
My mother and I purchased a rental property last year, we are 50/50 owners. We paid cash for property at 22k, put some work and money into it, and it's been valued by the auditor at around 45k before improvements (how...
I purchased a multi unit property ,the renovation was included in the mortgage my question is ,when it is asked on the tax for depreciation the purchase price do i use the sale price of the property or do i use the s...
3-family residential home with shared basement. Access from backyard cellar door.
Disgruntle tenant claims to had 3k worth of stuff stolen from the basement. Blame's it on other tenant's freinds. Filed police repo...
So my dad is getting married again. He has a pre-existing property before the marriage, and planning to do a transfer on death (TOD) deed to put the property in my name as the beneficiary. However, would the new marri...