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In reviewing my taxes for the upcoming year, I've been looking more closely at my Schedule E and reading more about depreciation and cost basis. I know that your cost basis needs to be accurate, a number the IRS agree...
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Two of my tenants have a washer/dryer installed in their units.Eventually down the road when I build up capital I would like to put a coin-op in the basement. When this happens how can I have them remove their washer/...
Tenant signed lease (No pets, No smoking)
They moved in with 2 cats and 2 dogs. The place reeks to cat urine. So I fined them $100 and raise the rent $50 per month. So they moved out. Before they left they painted the...
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When I am installing a new shower, I always use peel and stick tar tape and 6mill plastic visqueen. 1st peel and stick the tar tape to the studs and stick to the top 1" lip of the base and staple to the studs.2nd over...
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Hello all. I am about 85% done with my current flip and I am having trouble deciding on whether or not to install new replacement windows. I'd love to hear from all of you on what you think I should do.
Here's a ...
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I'm looking for answers from either legally qualified individuals or other people who have had first hand experience with this. I live in Mississippi but will be wholesaling in primarily, if not entirely, in Memphis, ...
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This is the 2nd tenant I've had this problem with. The lease states that I can enter the property with proper notice (48 hours), as can my contractor, assignees, realtors, etc.
I notified this tenant a week ago that...
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Hi guys,
I have a duplex (3/2 and 1/1) where I own this property in it's own LLC and do LTR on both. However, I'd like to use the 3/2 as an airbnb. I have a normal commercial real estate policy on this with an umbrel...
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I would imagine having an experienced and successful person mentoring or guiding you when first starting out is a major plus. Just curious to see how many people actually had a mentor and how significant having one vs...
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So, I have about 400 - 500 sq. feet of roofing that needs replaced at a rental. Some of it is asphalt and some is shingle. There are about four different sections...three of them are porch roofs and one is just a very...