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Results (10,000+)
Sydney Sherman Would you give your tenants a discount during construction? How?
3 June 2020 | 7 replies
The leases the tenants sign have a clause stating the landlord reserves the right to make improvements on the property and the construction will be during normal business hours. 
John Tiernan Tax Deductions on Rental Rehabs
2 June 2020 | 2 replies
@John TiernanDepending on what you will be able to charge for rent and what the ongoing maintenance costs of your property, you likely got a good investment on your hands if you are all in for $35,000.Regarding your question on what is deductible - It depends.it seems as if your property was not "placed in service" until after the rehabs were completed.If this is true - then the costs to improve the place need to be added to basis and depreciated over it useful life.
Jason Galli Minneapolis / St Paul Metro Area 2020 and Beyond
30 June 2020 | 20 replies
All this time at home has spurred some home improvements and getting prepared to sell and also some families have experienced unfortunate events that cause downsizing or selling.
Logan Heydt Living around a Boston, good areas to invest in?
12 November 2020 | 27 replies
Not a ton of new construction going up in these areas so if you can find something to improve upon you'll be able to command a good rent.  
Negar P. Confusion in understanding the code in my city's ordinance
2 June 2020 | 10 replies
9.43.010 COMPATIBILITY IN RESIDENTIAL ZONESNo person shall construct any dwelling, accessory building, or structures, improvements, patio covers, roofs, balconies, decks, porches, terraces, exterior steps or stairways, walls, fences, antennas, spas, swimming pools, or make any additions to, or modify, any structure, or install a new roof on any structure, on any parcel in a residential zone in the City for which a building permit is required unless the resulting construction is found to be compatible with the neighborhood within which it is located.
Levi Hui Will I be considered a dealer by the IRS?
25 June 2020 | 7 replies
So, there isn’t much precedent on improved properties.As was mentioned above, my understanding is it goes back to intent.
Kent Ernst loitering & partying
4 June 2020 | 5 replies
Ask tenants for their ideas and help in improving the situation.4.
Nick Clayville Capital Gains Tax and HELOC
3 June 2020 | 5 replies
Sale price - selling costs- purchase price - improvements - depr = Taxable gainPortion attributed to depreciation is at ordinary tax rate not CG up to 25%
Roy Gottesdiener Discovered my rental has an unpermitted bedroom
26 February 2022 | 7 replies
It will also add to your taxes due to the improvement...
Kate Christenbury Deduct mortgage interest on vacation home
3 June 2020 | 3 replies
Further on down when we get the below which blows it up:Home acquisition debt is a mortgage you took out after October 13, 1987, to buy, build, or substantially improve a qualified home (your main or second home).