@Yogesh M sayanakarI’ve been a builder for 23 years and built 170 homes call me I’m glad to answer your questions. 970-209-1155 Banks are sticklers on houses being completed There is a difference between complete and punch list items.Gas line is not a punch list item got to have hot waterCracked cabinets is a punch listShower doors is a punch list Certificate of Occupancy is not a punch list(I have gotten CO with out house complete)With supply chain issues it’s been difficult to get house done in timely manner.Walk home with builder make 2 listsPunch items than need to wait on suppliersPunch lists that can be completed so you can get tenants in and start making money It’s hard to come back when people are living there!!!

If you want to legally charge the tenant for everything, use professionals to do the work.After it's all done, send the tenant an itemized list of charges.

If you're in service date is 2022. you'll see a benefit on 2022 taxes.The money you have spent working on the place is going to be in one of two buckets - operating expenses (usually smaller repairs that simply keep the property at it's current level of fitness), and Capitalized expenses (usually larger items that improve the properties value).  

In the following article, I’ll discuss some of the most important items to consider when choosing your jockey.FamiliarityIf you’ve been reading all my blogs, you are likely starting to see a trend with this first item.

Thanks for the reply.No items were stored, that was sorted out legally before the trashout.No ozonation treatments.Just trashout and pest treatments.

I had my cell phone number on the insert and picked up the phone every time it range regardless if it was 7:00am or 10:00pmI would ask "which item number do you have an interest in?"

Ideas:- Request itemized invoices that outline the supplies, subcontractors, workers on the project, and materials purchased?

One item in a capex budget is floors.

The other item is that inflation and currency risk is a big problem in the Caribbean Islands and given that materials are imported the cost swing a lot.

Besides all of the items already mentioned about why its a bad idea, another is that at this point, it is likely that the contractor that I assume you are using on flips doesn't know the income earned on each project (they only know what their fee is).