I spent less than $2000 fixing it up (painting, replacing some furniture, replaced mattresses) and putting linens, kitchen wear, etc inside it.

I am trying to figure out mindset books for my kids, 22b, 24g, and 28g. What are some recommendations, not necessarily real estate, but mindset. I have bought the older Rich Dad, and the second Set for Life and the bo...

So you wouldn't be able to deduct the entire 10k the first year anyway (unless it's just the land improvements or appliances, furniture). 2) The depreciation you would take on your 10k rehab and the depreciable building that might create a loss.

Hello,Let’s say you close June 1 on an investment property but you need to furnish it (STR) to start renting asap.Can you purchase furniture BEFORE closing date (everything taking forever to ship and would need to store), and then still write it off from taxes since the purchase date of furniture is before closing date?

Can I buy the furniture this year and expense it even though the property is not finished?

I bought furniture and amenities and decorated, then listed on Airbnb What was the outcome?

Will heavy furniture leave impressions on the vinyl.

Had a bad tenant who took advantage of Covid and ended up owing me approximately $15000 in rent, $2000 in utilities and left lots of garbage/furniture left in my property.

I alway thought more about the age of the children, but more people is more people.

We have also found that Ikea is a great place to buy furniture.