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.
General Landlording & Rental Properties
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 about 9 years ago on . Most recent reply

User Stats

14
Posts
2
Votes
Dave Silva
  • Real Estate Investor
  • Elizabeth City, NC
2
Votes |
14
Posts

more repair vs. improvement questions

Dave Silva
  • Real Estate Investor
  • Elizabeth City, NC
Posted

I have one rental, about to buy another home for the family and convert my current home to rental.  I've read the IRS stuff about repair versus improvement but I want to make sure  I do this right.

The soon to be rental  house needs about $5000 in septic drain field work - that's a repair, right?  THen i plan to do about $8K in landscaping to fill in low spots that flood and get the water to drain.   Also replacing some appliances and redoing some floors. 

All of these projects will commence after we close on the next house.

What's the best way to separate  improvement form repair and not make myself an audit magnet.

Loading replies...