Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Mobile Home Park Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 10 years ago on . Most recent reply

User Stats

228
Posts
43
Votes
Mark Gruetzmacher
  • Investor
  • Box Elder, SD
43
Votes |
228
Posts

Mobile Homes with repairs-Expenses/Tax question

Mark Gruetzmacher
  • Investor
  • Box Elder, SD
Posted

Hey Everyone, If you caught my last thread you will know I bought a couple mobile homes to be used as rentals.  Both of these mobile homes need repairs, flooring, cabinets, sheetrock, windows, siding, etc.  Once fixed they will be rented out.  I am putting everything on a spreadsheet and was thinking about how they would effect the rental income as expenses or do they get added to a basis instead.  Not sure if this would be the correct forum for this question but thought I would ask.  Also what do you used to manage all of the expenses and income.   I am trying to plan ahead of tax season.   Figured most of you might know since you have mobiles as well.

Thanks

Loading replies...