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I have a tax-related question. I acquired an additional property in October last year and incurred rehab costs in the last two months. Since it’s not my first property, I think I can deduct operating costs on Schedule...
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Can anyone give me a rough estimate on what it would cost to repair/rehab a completely gutted 892 sq ft house?
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How do you determine a rehab cost virtually for out of state houses with out a contractor looking. Let’s say I see a house that needs updating the whole house. Floor, paint, windows etc. is there a price I can tie to ...
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First timer here and trying to build an estimated budget before starting. Do folks know where to find out what cost of doors,windows? Or just use the average home depot price as a guide?
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Getting started, there are always so many questions! I tried to find a list of "estimated" costs for standard rehab projects but I haven't found anything that is very comprehensive. What I'm hoping to create is a...
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Are all holding costs deductible ?I'm referring to rehabbingI know the obvious like interest on loans, etc,But what about things like the electric bill ? Or even lawn maintenance while it's being rehabbed ?Water ?
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Hey Team,Happy Monday--I hope everyone is doing great! I have a property in Town of Poughkeepsie (NW of College Hill Park) that I am considering making an offer on. The property is 3/1 and about 1,350 SF. Class B neig...
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Hey BP:
I am about ready to close in the next week on another property in Indiana. It is an all-cash purchase. However, I have a partner who is willing to cover the rehab costs of 40K. I have the promissory note w...
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Hey there everyone, my name is Gilbert and like a lot of us here I have a ton of question to easy the trembling feels of buying my first investment. Once you have chosen a rehab property to look at how do you determin...
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I have identified a property in Palm Springs at a great price, but I wanted to see if anyone had ever rehabbed one before and if they could share what to expect the rehab to cost. This would be on a 80s built condo, n...