Jeffrey Naeger
Is a home warranty on a rental property rehab worth it?
9 January 2022 | 3 replies
Many home warranties require you to pay for upgraded coverage for items such as refrigerators and garage doors.
Dan Bottiglieri
Calculating operating expenses
5 January 2022 | 4 replies
A refrigerator will cost you generally the same, if your rent is $500 or $5000/mo.
Jonah S.
Rental loss carryover vs depreciation question
5 January 2022 | 1 reply
Hey all,I have been doing some learning about tax implications for owning rental properties and I had a question.Its my understanding that you can carry over net operating losses from year to year basically indefinitely until you sell one day and can write them off of your capital gains.I also understand that if you purchase an asset for your rental, say a refrigerator, you have the choice to either deduct the full amount for that tax year, or depreciate the refrigerator over a certain amount of years and take the deduction divided up between those years.My question is why would it ever be advantageous to depreciate an asset rather than simply deduct it for the current year, even if you are already operating at a loss, if those losses will just carry over indefinitely?
Justin Case
Help Estimating Rehab Costs?
2 February 2022 | 8 replies
If you do not include refrigerators, you could bring this budget down some.HVAC: $7,000 - For 2 full new systems (furnace, coil and condenser), this is too low.
Kyle Scelza
Long term Property Management
3 February 2022 | 1 reply
I wish they hired contractors at a reasonable price (my guys were cheaper than theirs even before the 10% fee they tacked onto all bills) and one PM hired an HVAC repair guy that put the wrong refrigerant in a 3-4 yr old AC unit.
Daniel Tisdale
Bought a condo with an HOA that doesn't allow STRs. What do I do?
18 May 2021 | 19 replies
An efficiency kitchen isn't very expensive, but the the stove and refrigerator put extra demands on the electrical panel.
Byron Kim
Washing Machine/Dryer replacement issue
14 May 2021 | 12 replies
The unit when purchased came with all appliances (refrigerator, washer and dryer).
Vu V.
Kickstarting my REI journey
7 October 2021 | 22 replies
We installed new more wind-resistant windows for the entire house, install a tankless water heater to accommodate the new jacuzzi tub and new bathroom and then we had to drywall all the ceilings, finish the kitchen, furnish new appliances, flooring, the framing and stucco for the new addition, sandblast and stucco the entire building to match the new stucco, filled about 6 40-yard trash bins before the project was finished and installed all Thermador products including stove $7,000, refrigerator $7,000, dishwasher $3500, Stove hood about $4,000 and we had to remove several trees and a few small structures to grade the rear of the property because behind the rear of the house was a steep hill prone to having a flash flood.Can you break down the $18,000 per day to remodel a bathroom by just changing the fixtures, painting, and a little tile?
Alan Walker
[Calc Review] Help me analyze this deal - Single Family Rental
27 May 2021 | 3 replies
I have had lights/ceiling fans/refrigerators etc go out within the first few months of acquiring properties, and I have had properties that I didn't spend a dime on for a couple years.
Andrew Bonar
Indianapolis SFH Appliances [What to include/not include]
4 June 2021 | 4 replies
To my knowledge:Expected to be provided by landlord:- Stove/oven- Refrigerator- Dishwasher (if designated space is in rental for it)Not expected to be provided by landlord:- Washer- Dryer- MicrowaveLet me know BP!