Rehabbing & House Flipping
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 2 years ago on . Most recent reply

Claiming capital improvement done by property owner?
Does anyone have suggestions on claiming rehab work done by property owners themselves as capital improvement expense? We are remodeling the kitchen/ bathroom/roof of a property purchased ourselves, but are not sure how to write it up as a capital improvement since there are no bills from the contractor .
Most Popular Reply

Wayne Brooks
#1 Foreclosures Contributor
- Real Estate Professional
- West Palm Beach, FL
- 13,508
- Votes |
- 23,418
- Posts
@Ella Depew you have to use the receipts for the materials you bought along with any costs you paid for contractors and subs for labor. You can’t add anything for your own….the total will be “actual costs”.