Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Level up your investing with Pro
Explore exclusive tools and resources to start, grow, or optimize your portfolio.
10+ investment analysis calculators
$1,000+/yr savings on landlord software
Lawyer-reviewed lease forms (annual only)
Unlimited access to the Forums

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
Results (4,702+)
Todd Williams Tenant left with 4 months left on lease and $2k+ cat urine damage
14 April 2020 | 17 replies
However, don't compound this loss by delaying the restoration of the unit and getting new tenants in. 
Viney Khera Re Water damage in same area
26 May 2020 | 4 replies
I gave work to Water damage restoration company, which was working on it and had left their fans and dehumidifier running for arnd a week in bathroom and also in downstairs room.
Alex Scotte charging tenants for professional cleaners
11 June 2020 | 11 replies
If the Tenant does not return the home in the same condition it was received, minus ordinary wear-and-tear, the Landlord is authorized to use the security deposit to restore the rental to its original condition.
Taylor Martel Tenants stained new epoxy garage flooring - can we charge for th?
10 January 2021 | 26 replies
I would get an estimate to restore the garage floor and charge them for the whole amount. 
Costin I. Cost Segregation - Partial Disposition and offsetting insurance proceeds
1 October 2024 | 15 replies
This is because the purpose of insurance is to restore the property to its pre-damaged condition.
Jane Dang Roof Replacement on Rental Property
9 September 2024 | 19 replies
However there are many questions to determine if the roof work is a capitalized betterment or a restoration.  
William C. Cost seg study, but also had major repairs. Best way to handle for taxes?
10 October 2024 | 9 replies
For the bathroom renovation, if it is simply restored as repairing the bathroom, expense the $11,000 as a repair for 2023 (this will affect your DTI).
Kevin V. General Advice - Inherited 2 Properties
21 October 2024 | 8 replies
It’s a beautiful wooden cabin-style property that I’d love to restore.
David V. Polyurea Garage Floor - expense or improvement
5 September 2024 | 7 replies
These are typically deductible in the year they’re done.On the other hand, improvements that better the property, restore it after substantial damage, or adapt it for a new use generally have to be capitalized and depreciated over time.Now, if the cost is $2,500 or less, you might be able to use the De Minimis Safe Harbor election to expense it immediately, rather than depreciating it.
Jane Dang New fence replacement on rental property is deductible or depreciation
11 September 2024 | 18 replies
Since the fence was damaged and replaced due to a storm, it’s restoring the property rather than improving it.