I talked with her, she said:new carpet last year---has the linoleum but didn't get it put in because of the health crisis;has brand new acIt's in a bad small park---space fee $600!!!

No paint, no cleaning, no new carpets, nothing.

My mom made a few upgrades to the house, added a deck, ripped up the carpet and added hardwood floors, and I'm impressed by the curb appeal my step dad did with the flowers and bushes put into the front and back yards.

Paint and carpet (one of them didn't even require carpet).

Schedule E has a list of categories.Interest is interest you pay on a mortgage on the property for money you borrowed to improve or buy the property.Depreciation is the depreciation based on your basis plus depreciation on capital items (i.e. cabinets, carpets, roofs, etc.)Principle payments are not deductible.

You can get a rehab loan for most work (including appliances but not the roof), but the contracters are paid 45 days afterwards. some won't do this but a lot will - especially in this economy.they also dress up the places too - put in tile, new interior doors, carpet, etc - in order to get them off the market more quickly.it seems some come back on the market though, after being sold. i'm not sure why. maybe too high of repair costs or didn't qualify for a loan?

NEW CARPET!

Then to really mix it up and throw you a curveball, they go with a sexy beige tile in the bathrooms and some ritzy beige carpet in the bedrooms!

Oh well.....the mess is gone.

Cash or Terms Discussion with Home SellerIf you sell with an agent, Mr Mrs Home Seller you will pay:commissions 3- 6 %closing costs 1-3%seller's concessions, depending on buyer's financing 3 - 6%spruce up costs - paint, carpet, landscaping, etc - to compete with other houses. .5 - 2%Vacancy costs - holding costs - you have to pay PITI, cut grass, electricity, etc while the house is soldIf you allow us to work with you with your house problem, and use the Seller Financing laws in Alabama to get someone in your house, make a payment to you for 12 to 24 months, and then the Buyers get a home loan and pay off what you owe, you will net more money in the house sale, and have peace of mind that you found a good fair solution.Mr and Mrs Seller, we use this "letter of intent"  to discuss what we do and how we do it...http://form.jotformpro.com/form/42177082338961?