
22 August 2010 | 9 replies
During the first week of the month, like most landlords, I'm tasked with collecting rent, paying bills and utilities, and as always, looking for more property to acquire.I have never expensed lunch when i'm out and about running these "errands" but a fellow landlord told me that he was deducting the normal 50% of the cost of meals when tax time rolls around.For example, my friend leaves his office at 10am, and drives to a property and collects rent from 6 tennants. 11am, he drives to a 2nd property to collect rent from 4 tennants.
21 December 2007 | 4 replies
Can't seem to find out through normal channels, and few REI in BP seems to be in my area.

6 December 2007 | 5 replies
Where there is an intentional "intrusion" in the normal flow of shingles, like a vent stack, chimney, skylight (I hate them) etc.The problem is a leak in a roof is FINDING it.

11 March 2008 | 17 replies
The only exception might be if you're ordering in some "unusual"/not normally stocked at the supplier items.The right answer was from yourvirtual assistant, tax forms, proof of insurance FROM THE INSURANCE CARRIER, not from the insured.Or, you could do what I do, on the rare occassion I hire anything done: go to HD, or wherever your local spot for finding braceros is and pick them up, pay them cash at the end of the day, and tell them that if they get hurt you'll just bury them in a cornfield!

3 April 2014 | 31 replies
It won't come from normal mortgage lenders unless you buy a multi and live in one unit.

18 February 2014 | 14 replies
I don't normally do groups but looking to speak there soon.

23 March 2015 | 73 replies
Seller financing has hiccuped over the past several years, but even that seems to be moving back towards some semblance of normalization.

18 February 2014 | 6 replies
This is not something I normally do anymore, but it helped me understand all the different reasons a person may not be paying taxes.

23 February 2014 | 19 replies
And do you know what the normal terms & rates would be?

18 February 2014 | 5 replies
Yeah, screen your tenants well and you will more than likely not have those kinds of problems.The deductible is a bad idea because its customary that because they are renting the house they are not responsible for normal wear and tear (which is subjective in some cases) but its one of the few benefits of renting over owning a home.If you start charging them deductibles then they might as well buy a house.Just my opinion.