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 over 12 years ago on . Most recent reply

User Stats

946
Posts
153
Votes
Mark Forest
  • Real Estate Investor
  • Fenton, MI
153
Votes |
946
Posts

Fix up costs

Mark Forest
  • Real Estate Investor
  • Fenton, MI
Posted

I am spending a fortune at Home Depot to get my rental house up to use. I understand I will add the cost of the new roof to basis, but do you all really add costs for leaky faucets, broken bathroom fans, nonfunctioning electrical outlets, etc. to the basis? Is there a way to expense these even though they are to get the property up to the point I can rent it out? This could be a bookkeeping pain.

Loading replies...