Tony Kempisty
Rehab costs - tax deductions?
9 March 2020 | 4 replies
However, repairs can only be deducted if you have the place rented out, else has to be depreciated.None the less, replacing the roof, new carpeting, kitchen cabinets to do over the place falls under depreciation rather than repair.My experience had been to componentize the depreciation rather than clump them all together when I did the first rehab.
Melanie Hartmann
Right or Wrong? ARV is influenced by closing costs & commissions
10 March 2020 | 10 replies
So an ARV can not depend on agent commissions.Now an offer price depends on everything (ARV, Holding costs, Smurfpoopies clean up from rampant smurfs pooping their pants as Gargamel was chasing them.
David Bell
Partnership Tax Filing SFR in Indy
9 March 2020 | 2 replies
Agree with Adam, and that fee assumes clean and reconciled financials are provided (trial balance, profit & loss, balance sheet, and general ledger in Excel format).Partnerships are anything but simple now.
Amy Koch
Keep or fill small ponds on rental home?
8 March 2020 | 9 replies
How often do they need to be cleaned.
Patrice Pominville
Painting and Habitability in San Francisco
8 March 2020 | 0 replies
From what I can gather from various forums and reading the articles of law, painting, changing carpets and other such cosmetic maintenance are NOT the responsibility of the landlord, even after 10 years.
Luwani N.
[Calc Review] Help me analyze this deal
9 March 2020 | 3 replies
Septic System Replacement/Cleaning
Alexis H.
Tenants arrested for drugs found in unit
19 March 2020 | 6 replies
I feel like I need to have the carpets replaced, HVAC deep cleaned, blinds replaced, window seals cleaned and anything else that you can think of.
Sam Bone
Single Bedroom Leasing in single Family homes
11 March 2020 | 5 replies
I'm talking about a single home, like a group living situation where people share a house but rent a single room in that house, and people share bathrooms and share cleaning duties as a community agreement.
Nicholas Oh
experienced, but I've never experienced this!
9 March 2020 | 7 replies
We signed the lease, everyone was happy, I knocked $100 off the initial deposit so they could clean.
Aaron Turner
Month Early Lease Signing- Security Deposit/Binder
10 March 2020 | 7 replies
We refunded the security deposit minus a cleaning fee, as per lease.