When an owner replaces or retires certain items (e.g., lighting, HVAC, or carpeting), they can claim a deduction for the remaining undepreciated value of those items.

Take up the floor from inside the house and excavate the clay and replace it with something sandier that percolates better.

After a couple of years of treading the path to frugality to build this financial runway, I've networked with the greatest people who made this all happen, of course, it took the strength, determination, time, etc to place myself where I am today but, without the mentorship of my two great mentors whom I wish used BiggerPockets so I can mention, I don't believe I would have made it thus far relying on some whimsical dream that this will all pan out accordingly, thank you for everything Greg and Lashawn.In addition, I would like to thank Bigger Pockets for connecting me with the greatest realtor @Stephen Schmitt Who took my dreams and aspirations to the core when we first connected and spoke about my future goals to replace my W2 job for financial freedom. within three months of me deciding to pull the trigger and get pre-approved, we found this killer cash-cow that apprised over purchase price!!! 

May you deduct ongoing costs from the property like mortgage interest, replacing appliances, property management costs, etc with an SL?

Some questions I have.1) Do you make enough from your houses that you can not only replace your income but also make enough that you can continue investing in real estate?

On top of that, he was supposed to replace support beams under the enclosed back porch section and he spaced them wider than 36” apart.

We help our clients:1) Find a fixer-upper to buy2) We get bids3) Negotiate a Scope Of Work with the owner using "Maintain to the Neighborhood" to avoid over-improving, but understanding we will have to pass city Rental Inspection to avoid being a slumlord.4) Provide multiple jobsite videos to show progress and document WHAT was done and the QUALITY.5) Handle passing city Rental Inspection6) Find a tenant with a Replacement Guarantee per Class7) Assist with refinance, so client can repeatSo, why you looking OOS again?

However I have had to replace some major appliances recently which had put my in the defecate and added to my motivation to sell (Hot water heater, two refrigerates and a washer/dryer).

When I have provided it, I write it in the lease that it's not included in the lease and I'm providing it as a courtesy only and if the tenant wants to use it they may and if it breaks down, I won't be replacing it.Allen

Open to being a full-time agent for sure, but imagining that could take some time to replace my current income.