Aaron Harren
Bed bugs in a duplex
Looking into advice on how I can get my tenants to help cover the cost of getting rid of bedbugs. douglas county MN The main floor unit seems to be the only unit that has them but it sounds like my one and only option...
Michael Osborne
Claiming depreciation
Hi Guys,I am moving into a new home in December and will be renting out my current condo. I understand that if I list the condo during this Calendar year I will then be able to claim depreciation. Is it worth trying t...
Tom Goans
Most Important Landlord Tip
Most Important Landlord Tip
THE WAY YOU TREAT PEOPLE WILL AFFECT YOUR SUCCESS.
The old saying applies: You Reap What You Sow. Of all the tips there are for landlords, the way you treat people is probably the most im...
Leah Fisch
Best way to deduct early business expenses?
Working with @Mark Updegraff and getting ready to (hopefully) purchase my first investment property.My plan is to purchase and THEN put the property into an LLC.What is the best way to track and later deduct business ...
Felix Renaud
What to do with inherited tenants?
Hi everyone!I am buying my first investment property in the next months and the duplex is fully rented. I have talked with the tenants and they seem like good minded people. Do you guys have any tips on how to manage ...
Nick E.
How to book lender credits on a refinance
Hi, I do my own bookkeeping and am trying to figure out the proper way to book a refinance on an investment property.The refinance was a zero-cost refi with a huge credit of -0.75 points (on a $1.6M loan). This covere...
Ty Monroe
house hacking scare...
I want to get into house hacking but I am concerned about one small thing I guess... what if I do something that upsets one of my tenants (like raise rent) and find a brick in my windshield the next morning, or someth...
Dom Nico
Tax and other implications of land trade
If I trade property I own in exchange for a property owned by a non-profit organization, what do I need to consider regarding taxes or anything else that could impact the transfer? How should we structure the transfer...
Patrick Milia
Direct Mail Company Suggestions
Hello All,Earlier this year, I decided that I was going to start mailing probate leads every other month. I've been building my list consistently every week, with a goal of finding 25-50 leads per week and sending out...
Cara Ocallaghan
Partially inherited house - bought out siblings - can i expense repairs
back story - my two siblings and I inherited a house in January 2013. In August 2013 the Tenant moved out (they had been asking to be released early from their lease due to issues with the property). All the rent w...