Good morning!
Our tenants have asked us to get HVAC service, as according to them the system is not as efficient.
For context: this is a single family home we are renting out in CA while living in a different state....
Hi Purchased a small house to use as a Air BNB rental.There were bare concrete floors and no window coverings when we got it.We hired a local flooring contractor to put tile floors down.I asked to get an estimate on r...
Hi All,I got recently received this email from my CPA:"The new [IRS] regulations break apart building property into a 'building structure' and its 'building systems' for the sake of the improvement rules and say that ...
I moved to Abilene about 3 years ago for the Air Force, and started investing about one year ago with a duplex near the base, then another property w/ a garage apartment near a college. I'm told that in our area, $600...
I own a 10+ unit brick building in the North East. The heating system in the building is single pipe steam radiators. The system is old, heating is inefficient, some units heat up to 90+ degrees, some units don't hea...
Economic Update
(Monday, July 20, 2020)
In a previously unimaginable turn of events, the ...
Good morning all! Had a quick question about when to depreciate SFH rentals which we are currently buying and holding long term.My wife and I are on contract for our 4th property (2 with a mortgage) and we've been ask...
I will soon be an Airbnb host and want to get my accounting right from the start. I am buying a house I will live in myself and rent out the different rooms for more than 14 days each year through Airbnb. I am aware o...
Investment Info:
Condo other investment.
Purchase price: $151,000
Cash invested: $10,000
Sale price: $242,000
An unintentional flip, really. Our first property owned together, my wife and I slow...
The Section 8 tenant who has lived in my rental for two years has given notice, and in addition to the usual maintenance to make the single-family rowhouse ready for next tenant I'd like to make a couple of important ...