Steve Fitzgerald
Tenant wants to deduct maintenance costs from rent
I have a sfh that I rent. The tenant that I have in the house wants to pay for mutually agreed upon repairs and deduct the cost from the rent. While the net income ends up the same it seems like it could cause some un...
Patrick Philip
A few more questions about rehab projects?
I am preparing to do my first flip in the upcoming months.1. I have seen some listings where the house currently has a tenant in it. Should I avoid these or does this matter? Is it just "oh well, deal with it," for th...
Daray Olaleye
The 1st Fire - Only Days After Closing!
Hi All -A few of you may recognize my profile as last week my post was the featured Success Story in the BiggerPockets Newsletter. The post can be found here:https://www.biggerpockets.com/forums/223/topics/44...Well, ...
Hanlin Li
Risks Working with unlicensed contractor
Newbie here, I’m remodeling my first house in CA (Water, electricity, furnace etc). And this contractor my friend recommended is not licensed but will get all the permits through his boss’s license. His boss will also...
Vincent Sun
Homeowner insurance for Airbnb use case
Hello! I have a 3bedroom single family house that is used as an Airbnb listing, I had a Safeco homeowner insurance which my agent told me it can cover the short term rental. However recently I reviewed my policy and f...
Michael Clemson
Emergency Room trip tax deductible?
I hit my head at my own rental this weekend, lacerating my head and taking a trip to the Emergency Room. I'm the proud owner of a few staples now! (No Urgency Care in the area on weekends.) I'll at least have a co-pay...
Matt Swope
Commercial General Liability Insurance for Buy & Holds
Hi all!When I purchased my 4th Buy & Hold property with my LLC my insurance broker suggested I consider getting a Commercial General Liability Insurance policy to further protect the properties and LLC. In total m...
Bruce N.
How to deal with informal labor/help 1099, Workers Comp
I like to have help when needed, but don't need regular employees. The problem is I don't like the risk of going without workmen's comp insurance. I've searched the forums and not really found an answer. If I'd lik...
Peter Kopchik
Im being sued for a car accident. How do I protect my property?
I had an accident 2 years ago, I was deemed at fault. I am now being sued for personal injury by the other party Involved. Is my property in danger? How can I protect my assets? The deed is in my personal name.
Eric Johnson
Legal Entity for House Flipping (CA)
Hi all, I am an aspiring Los Angeles Based RE Investor and was wondering should I file documents to create my Real Estate Business and protect it? If so, what are your recommendations? Also, if you know anyone who I c...