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31 May 2021 | 5 replies
Any tips/good resources are appreciated!
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3 June 2021 | 10 replies
Capital improvements include expenses for improvement to the property, such as a new roof, new siding or major renovations.Capital improvements for residential property are deductible over a 27.5-year period; Ordinary repairs required to maintain the property in good condition, such as painting, fixing leaks and replacing broken windows, are deductible in the year they are paid.
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1 June 2021 | 4 replies
Any suggestions/tips on buying with existing tenants are highly appreciated:)
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4 June 2021 | 11 replies
And then he had a chair broken, which was a $100 fix, and then he wanted to start charging everyone a $500 damage deposit.
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31 May 2021 | 0 replies
Appreciate any tips.
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12 July 2021 | 6 replies
It will be interesting to see when (if ever) we get to a tipping point where SLC rents dramatically increase, and which factors drive that change...
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31 May 2021 | 1 reply
What are some tips on finding good contractors for someone just starting out?
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18 July 2021 | 16 replies
This will be broken down as $30k ($50k - 20k) taxed at depreciation recapture rate (25%) and $100k at long term capital gains tax rate (15% or 20%).This is my understanding but I’m not a cpa.
1 June 2021 | 4 replies
Thanks for the tip, and your response.Best—J.
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2 June 2021 | 7 replies
@Jonathan Styer appreciate the tip!