Now if you replaced a tree or planted a new tree, that would be a landscaping improvement that would normally be depreciated.It goes without saying, that the portion of a repair expense attributed to your residence unit is a non-deductible personal expense.

Because you are an owner occupant, only the  percentage of the total cost of the refi that is attributed to your rentals is amortized as a rental asset; the rest might be a Schedule A entry but only if you itemize.Select "163 - Loan Fees" from the drop down menu, continueEnter the loan term in years, continueLet TurboTax do its thing. 

Honestly, it sounds like they're BLOWING it and my instinct tells me this can be attributed to poor management.

DEFINE what attributes your ideal client would have and also the attributes of your investors you would NOT want to work with.Step 5.

People are moving at never before seen rates and that is also attributing to rising prices.

Lot's of confusion always around what is a turn, upgrade, renovation etc... there is no clear cut definition but different submarkets have different vernacular that is attributed to the amount of work being done in the unit.In my world, unit turns are make ready's completed by management and upgrades or renovations are completed by a GC. 

https://www.improvenet.com/before-and-after-home-remodeling-costsFor those of you asking for help estimating rehab costs, sounds like survey respondents in some areas are pretty good at estimating materials at least...attributed to diy and flip shows.

., in your case, 40% personal / 60% rental.So I would use your first section "House" to allocate expenses directly attributable to main house, e.g., utilities paid for the main house.And I would use your second section "Cottage" to allocate expenses directly attributable to the cottage, e.g., utilities paid for the cottage. 

You don't have to share any personal details, or even the address of the property, but we'd like to learn some general attributes of deals you're looking at and help you make sense of them. 

One credit union said they might do a small percentage if I was attributing it to something specific such as a roof on that house.