We are buying our primary residence and it will have a 1 bedroom garage apartment in the back. We will start by renting this out to my father in law. Is this considered a rental property? Is there anything we need to ...
If tenant is terminating lease early and there is no past due rent or damages, can a landlord keep full or partial security deposit as a penalty for lease termination? Note a new tenant has been found and the old tena...
You have to pay property taxes but are your leftover profits taxes the same as income from a regular job? If so can you write off expenses(i.e. maintenance)?
I have a brick house Thank goodness
It is a duplex
and one side had a termite swarm happen last week
but not the other side
when I was doing renovations I noticed a door casing that had termite holes in it
,my co...
I’m currently advertising my rental unit. I’ve had about 20 calls and texts. I gave everyone a time frame to come by and look since I’ll be painting the trim and finishing up last minute details. I have applications r...
Hello everyone. My wife and I are interested in purchasing a vacation home in Martha's Vineyard that we would rent out and have managed. We currently live in NJ and are renters. We do not own a home. We love Martha's ...
So I am super excited! Someone didn't hang up the phone and actually IS interested in selling (the first time this has happened so far). the only thing is the home is a mobile home located in a senior community. Am I ...
I have a client who is looking to purchase land in California and permit it for Cannabis growing and then renting out parcels for income. I haven't heard of this type of investment as most people grow on their own lan...
I have recently found a great property to put under contract (excellent), the owner is very motivated in getting the property off her hands, she has a buyer in mind who wants the property(her sister) and even agreed ...
Hello all. I am looking into forming an LLC for my rental properties, then I was made aware that it is possible to be taxed as an S-Corp. I kind of understand this method as far as having to pay yourself a reasonabl...