When I purchased this duplex in January this unit had carpet in the living room, but a few months later while I was turning the other side the tenants showed me they had removed the existing carpet and put down a peel...

Can anyone help explain how this works for an investment property?  In order to arrive at an estimated value of tax deductions for a rental property would you:A) Add up your annual depreciation, operating expenses and...

Hey guys,I was wondering if I get an inspection done on a potential investment property, but dont end up purchasing the property, is the inspection cost still tax deductible?Thanks

Tax time! i have expenses for marketing with yellow letters and foreclosure subscriptions. I did not wholesale a property but I did buy one from my marketing efforts. Where and how should I deduct these costs. Do they...

Hello fellow BP followers. I have a tenant moving out and she has caused a little bit of damage to the property, does anyone have any tips to make sure I am taking the proper/legal steps and deducting the correct amou...

Question - My wife and I are both self employed for different buisnesses. Married filling joint. We both have seperate work events in the same city that are on the same day. If we both travel by car together, can we b...

This is a general question for security deposit deductions made by a landlord of a complex. Recently I moved out of an apartment complex after a 10 month lease. There was a pre-move out inspection where everything was...

Hello, we had a tenant move out recently and are working to get the security deposit refunded within the 14-day window as stipulated by AZ state law. I have a few things I am hoping to get some guidance on if possible...

I am subletting a property that I am planning on purchasing the set up where instead of any type of security deposit I am re-having the property which is necessary before I rent it out.I will have about $20,000 in exp...

Hi.  I searched the Stessa forums and couldn't find an appropriate answer so thought I'd try here.  I use Stessa for my STR accounting and am pretty happy with it overall for what it is and the value I get.  One thing...