Hi all,I am trying to run numbers on a duplex and I'm curious about utilities if I decide to live in one unit and STR or house hack the other. Normally the utilities are split for LTR but, for STR I'll be paying for a...
Hello,I'm closing on my 2nd property next week. It happens to be a 9 unit building, 2 units of which are commercial. It is situated at a 4 way intersection. The 2 commercial units have their own addresses (313 and 317...
Scenario: I have 3 properties managed by on property manager. I receive one 1099 for all properties at the end of the year. I am using a CPA to do my taxes. How should the tax return capture each property separate...
I just bought my first rental home and will be using a property manager. I wanted to understand whether there is any advantage to creating a sole proprietorship. I can could use this to open a business account at my...
We have a tenant that is accepting the letter we sent outlining the extensive damages she did. We did it legally and sent an itemized invoice with receipts and she is willing to pay us back over a period of years. We ...
I have been using Tenantcloud to manage my 40+ units and so far I was satisfied from the features they provide for $144 per year. But recently they switched their payment provider from Dwalla to Stripe and Stripe star...
Hi - I showed my SFH to several prospective buyer yesterday. Neither has submitted the rental application yet. I sent them the link to apply via cozy. I told them once their application is accepted, we will proceed wi...
Hello fellow rehabbers,So we have been able to save a good amount of money on materials going through the bid room at Lowes and Home Depot, and on Lumber through our local lumber yard, but sometimes they do not have a...