Ian E.
Morris Invest Case Study
6 February 2020 | 184 replies
A: Yes, you will get an itemized list of the repairs and photos of the before and after the rehab.Q: If anything goes wrong down the line with the work, can we contact the rehab contractor?
Peter Nacion
New BP Rehab Estimator is a Fail!
10 January 2023 | 0 replies
The old one was awesome, plenty of options to customize and get down to the nitty gritty of each item needed for a project.
Roy Williams
Real Estate Professional - IRS Audit
20 July 2011 | 49 replies
Roy, I PMed you my contact information.Also, I have 3 clients at the moment who's 2010 returns are being looked at by an auditor.Cheryl,All records every year should be put together in a fashion that if the IRS were to audit you, all you would have to do is pull out those items from your files.
Timothy Cervantes
TAX DEED SALE - Owner pullback?
16 February 2015 | 16 replies
Anyone dealing with Medi-Cal debt should be looking at the actual, itemized bill and do some researching and consulting.
Marc Dube
tax deductions for purchase & repair
10 January 2023 | 4 replies
Home office improvements, such as computer equipment, office furniture, and other related items.
Thomas Higgins
Inflation projections for 2023+
31 December 2022 | 6 replies
If we continue this trend the big numbers start to fall off and get replaced by smaller numbers we could be in the 2%-3% range 6-7 months from now.The biggest item, that I think could lead to CPI specifically dropping even faster is the way the CPI report calculates shelter costs. 8% of CPI is based on an actual rent survey, but its y/y changes not m/o, so even as rents are dropping in real time it will take another 3, 6, 9 months for rent numbers to come down on CPI.
Jane S.
Question about occupants
13 November 2022 | 5 replies
When I do my inspection I will be looking for wipes and other similar items.
Max Cohen
Sometimes You Have To Be Flexible: The Story of My BRRRRSTR
11 November 2022 | 0 replies
And the majority of the repairs I thought were needed on the property were cosmetic to bring the house from the 80s into the 2020s.As the list of items that needed to be repaired before I felt I could reasonably rent out the property grew, I soon realized I would be sinking a significant amount of money into the house.
Lauren Heinen
Handling a future rental that is a primary for next 12 months
29 November 2022 | 4 replies
[Note, this is from the business perspective...some of these items may still be deductible on personal taxes if you itemize].
Nathan Gesner
Half of LA Short-Term Rentals Breaking the Law?
9 January 2023 | 18 replies
Note if they take it off the STR market to place it in the LTR market, they need to get rid of the furniture and all the little items that stock an STR/vacation home.These cities (Los Angeles, San Diego) are trying to get rid of family vacation homes.