Hello Everyone,
How do you figure out a budget for fixing up a house in-between tenants?
Long term tenants are moving out end of the month, July 2020. 
Single-family home (3 bedroom/1 bath) with a detach in-law (1 ...

Im looking at buying a SFR home as an investment. If I buy a home that needs significant repair, what can I deduct and is there a limit?

Hello Great people of BP!I have a question regarding depreciated improvements on a rental property. I do have a CPA. But I just wanted to get a second opinion on my situation.
My first question: This past year I move...

Hi all...first year as a landlord and have a question regarding the taxes we are filing.

We have owned the now-rental home for 15-16 years, decided to move and rent out the old house. We have an accountant h...

Hello, I am a new landlord with my tenant moving in a few weeks. I bought my home in April 2011 and have been making improvements to the home without a renter since then. I have a separate checking account for all ...

Hello,I'm hoping a CPA/Accountant might be able to point me to the right direction on this issue related to journal entries. I'm stuck with how to classified the renovation that I did for the property in my book. Here...

I'm working on selling a 10 unit multi family and buying 2 self storage facilities on a 1031. Can I use some of the cash to buy materials to add more units at one of the facilities? Trying to find a way to use all the...

I am selling a property and immediately purchasing a BRRRR investment with the gain via 1031 exchange. I own a small construction company who will be completing the repairs on the new property. The QI won't hold the c...

Investment Info:
Large multi-family (5+ units) commercial investment investment.

Purchase price: $675,000

Cash invested: $230,000

Purchased for $675,000 in September 2022. Increased rents, renovate...