Nathan Letourneau
Year end purchase of equipment and tax implications
I am a fix and flip and buy and hold investor. This year my fix and flip income was better than average and will bump my income into the next tax bracket. I am thinking about purchasing a used skid steer and trailer...
Shane Smith
Putchasing equipment for an LLC and writing off
Im a member in a 50/50 partnership LLC that flips homes. I have shifted gears from real estate podcasts and books to advanced tax books. I consistently hear that the rich tax savvy individuals buy property and equipme...
Michael G.
Neighbor's New AC Equipment Makes Too Much Noise!
Hello all,I own a 3 story, 3 unit rental income property in New Jersey that I am currently renovating. The neighboring building (mix use commercial) recently mounted what appears to be a large air conditioner unit on ...
Enrique Rivera Jr
Condemned Home Section108-Unsafe Structure & Equipment Buildings
Hello B.P, I currently live in Westchester county N.Y. I’ve come across a property that I believe has potential. It’s a duplex, 2br 1ba for each unit. The listed price is $350K, which in this particular neighborhood ...
Chris R.
Converting Landlord Paid Heat Equipment to Separate Metered
We bought a three family multi this summer in NH that was previously owner occupied for many years. The last owner provided the tenants hot water radiator heat via a single thermostat for the building that he controll...
Svetlana G.
Including patio furniture, lawn mower, yard care equipment
We are trying to clear the basement and have the following items in great condition: new patio set, almost new lawn mower, hedger and bunch of lawn care items. Is there any advantage to leave it for potential tenants....
Rachel Hughes
How would you equip 3 bedrooms for sleeping?
How would you furnish 3 bedrooms for sleeping? I am purchasing a 3 bedroom home with an ADU. My husband and I will be living in the ADU and using the main house as an STR.
The property is in a residential area and n...
Betsy Garrett
Lease Clause for Home Gym or Weight Equipment?
Has anyone ever included a clause in their rental leases for tenants that want to have a home gym? I have several homes with single car garages that are near a military base. One current tenant has outfitted the garag...
JB B.
Advise on pool maintenance and new pool equipment
HI,We have a property with a pool/spa and we take care of the weekly maintenance (pool/spa lease addendum). When we leased the property, the pool/spa heater was not operational/repairable anymore. Tenant moved in and ...
Andrew Rinne
Demanding tenants purchase equipment for property care, Colorado
What is the legality in Colorado Springs, CO of asking a tenant to purchase lawn care equipment (lawn mower, weed trimmer, rakes etc) to care for the owner's lawn? The lease agreement says: "Tenants are responsible fo...