
19 May 2024 | 8 replies
He also suggested I bring out someone else to camera the system again to get a second neutral opinion.I hired Cable, Pipe, & Leak Detection and the technician that came out today was very impressed with the on-site system.

19 May 2024 | 3 replies
Portions of car and truck payments, gas, insurance, repairs, maintenance, even 50% of meals get written off our income just to name a few.Leverage is always the way to go to maximize your return on cash-flowing investments.All the best!

16 May 2024 | 2 replies
This morning she said the kitchen faucet is leaking at the base.

14 May 2024 | 7 replies
There’s no indication that the leak is coming from the roof so it’s got to be from the walls or the ground but I’m at a loss on how to diagnose the cause and fix the problem.

16 May 2024 | 4 replies
For future years, we probably wouldn't meet the 500 hours test (though we still do participate a significant amount as we periodically re-stock supplies at the place, handle most maintenance issues due to shortage of workers in the town, and monitor sensors during guest stays - leak sensors/heat/stove).Specific Questions on Depreciation:Assuming that I have the qualifications for non-passive activity, I then have some questions on bonus depreciation and related stuff.5) It is my understanding that Qualified Improvement Property (QIP) bonus depreciation is probably not useful for me because I did most of the renovations prior to placing the property in-service (save for a few things).

16 May 2024 | 18 replies
It appraised at $553k and the inspection showed lots of minor to moderate deferred maintenance, mainly needing a roof and some foundation repairs and a few water leaks inside that need addressed.

15 May 2024 | 3 replies
To me, when a roof is starting the leak it should be repaired/replaced, so I rarely wait to fix a roof.

15 May 2024 | 5 replies
I called the agent and it sounds as if the issue was really with the front porch allowing water under it and causing water to leak into the basement.

15 May 2024 | 7 replies
The owner attempted to fix the issue but tore up the drywall and couldn't locate the source of the leak.

16 May 2024 | 8 replies
If the washer you provide leaks and ruins the tenant's property then you will be responsible to repair or replace their belongings.