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3 November 2024 | 21 replies
Thanks in advance for your help.
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4 November 2024 | 3 replies
Who do you use and recommend for property management in Decatur, Alabama?
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4 November 2024 | 10 replies
What would you advise I do you have for me on this topic?
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3 November 2024 | 7 replies
If I can get a heat pump done for $5K vs. a forced hot air system for $15K and its a LTR where the tenant is responsible for utilities, why wouldn't I go with the cheaper option?
4 November 2024 | 4 replies
I have had a desire to invest in real estate particularly STR’s for years.
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5 November 2024 | 0 replies
To determine if the expense should be classified as a capital improvement or a deductible repair, the context of the expense is very important.An example is, if an item of expenditure is part of a general plan of modernization, renovation or rehabilitation to equipment or other business property, it typically must be capitalized even though on its own it would be currently deductible.According to IRS Code, expenses that you must capitalize are those that:Materially increase valueSubstantially prolong useful life (including replacement of deteriorating assets)Adapt the property to a new or different useHowever, you are allowed to deduct expenses and fees for routine maintenance and repairs that help keep the property in efficient operating condition.
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4 November 2024 | 8 replies
@Aaron Nelson @Giovanny Garcia Gentlemen,Ty for the help.
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4 November 2024 | 1 reply
I currently use RendRedi for my single family rental I have.
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3 November 2024 | 56 replies
What could this mean for the lender if exposed to OCC or FDIC?
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3 November 2024 | 1 reply
Purchase price: $197,000 Sale price: $205,000 Contributors: Peter Vekselman Partner Driven and Rod King acquired this Detroit property on Kipling St for $197,000 and made a swift resale on the same day for $205,000.