13 November 2025 | 17 replies
I was just posting on here to see if anyone had any experience with this type of thing.In my non-legal opinion, given the info provided, I think it will be an uphill battle for this buyer to prove that the seller failed to disclose material issues that would have affected the value of the property or the buyer's decision to purchase it.
24 November 2025 | 7 replies
There are some expenses like property management rates (I am on a visa so cannot do myself legally) and vacancy which I can ballpark by getting in touch with management firms.
12 November 2025 | 11 replies
You'll definitely want to make everything is set up correctly from a tax and legal perspective before making any moves here.If the HOA allows you to rent the condo, it could make for a solid long-term rental.
5 November 2025 | 12 replies
.💼 Professional Fees – Legal, accounting, or property management services.🧑🔧 Contractor Labor & Supplies – Any materials or hired help for property improvements.🚗 Mileage/Travel – When traveling to inspect or manage rental properties (keep mileage logs).💻 Office Supplies & Software – Including bookkeeping tools, printers, and even part of your home office.Creative Ways to Give Back — and Still SaveGiving back can also be tax-deductible when done thoughtfully:🎁 Tenant Appreciation Gifts: Small gifts such as gift cards, snacks, or holiday baskets (under $25 per tenant per IRS rules) can be deductible as a business expense.🏘️ Community Donations: Contributing to local charities, shelters, or community events near your property may be tax-deductible if donated to a registered nonprofit (501(c)(3)).🧤 Property Improvement Drives: Donating old appliances, furniture, or materials from renovations to nonprofit organizations like Habitat for Humanity can qualify as a charitable deduction.Pro Tip:Before December 31st, review your receipts, invoices, and bank statements.
20 November 2025 | 8 replies
@Vincent Parker yes check out post above - we should meet.
28 November 2025 | 4 replies
From a legal perspective, my understanding is anything less than building code (wall mounted) leaves me liable for injury.
13 November 2025 | 1 reply
I chose to do this even though I had no legal personal responsibility for their losses.
31 October 2025 | 6 replies
Are there any Meetups or active REIAs where they meet regularly?
26 November 2025 | 3 replies
My firm does not handle this type of practice, but I often recommend starting with the state bar association and Martindale.com to find quality representation if you're starting from scratch.Note: This information is for educational and informational purposes only and does not constitute legal, tax, financial, or investment advice.
12 November 2025 | 2 replies
Here is what looks like a fairly detailed article for California:https://rentprep.com/blog/legal/california-abandoned-propert...Best of Luck!