
13 April 2018 | 3 replies
Tax day is upon me and I'm the idiot who who is waiting to the last minute to file the return, should of had a CPA ..My question is that I did a rehab and repair in the tax year 2016 but wasn't completed until the year 2017 and the property rented out in the year 2017, should I have entered the cost of the rehab/repair cost in the year 2016 tax return or should I have done the portion of the house that was done in 2016 against the 2016 tax basis?

7 May 2018 | 6 replies
The last time I tried, I tried to do all repairs myself and I played property manager.

14 April 2018 | 10 replies
Well, looking at this - where you've included 8% for maintenance & repairs; 8% for vacancy is a decent amount for those soft costs.

16 April 2018 | 36 replies
No giving the buyer 3% closing assistance or fighting repair requests, financing falling through, or appraisal shortages.

15 April 2018 | 4 replies
Repair Cost (So you can actually be a good wholesaler)!

13 April 2018 | 3 replies
I have not done this before and I have not found a lender to refinance once the repairs are complete.

15 April 2018 | 1 reply
Hi All, I have a property in NY that was damaged by water, then mold, and now is ready to be repaired before sale.

15 April 2018 | 4 replies
Neel Shah in our area the water authority will decrease the amount charged upon presentation of documents that prove the leak and repair.

14 April 2018 | 0 replies
It's a very old property (late 1800s), so I will be wanting to set aside a good chunk of money in a reserve account for maintenance and Capex.I'm currently self-employed and write off everything under the sun (that's legal, of course) on Schedule C including all home office & related deductions, most of my automobile miles, cell phone, etc, etc, etc.