Hi everyone,I just opened escrow for a single family  home (two story, split level) in San Diego and during inspections yesterday some serious issues with the raised foundation were found, the house is partially on a ...

Hi everyone, what percentage of my monthly rents should I be putting aside for future expensive repairs like roof, furnace etc.? For example, if my rent revenue was $2,000/month with $1,000 going towards mortgage, wha...

I renovated my home myself (I'm a contractor) over the course of 2017 and 2018. I rented the property in 2018. I did extensive renovations. I'd like to increase the basis of my home with the cost of items like: Kit...

Hello,First time investor here. Received an inspection report on a triplex. Really thought it was a turnkey investment with inherited tenants. Using an FHA loan and will be living in one of the units for the first yea...

Hi all, hope all is well.  20 days after move out accounting letter sent, ex-tenant sent email asking about the charges on the move out.  He thinks the charges are too high, that he wasn't responsible for some items, ...

I'm trying to get a better understanding of how much of my rental profit I may be able to keep. If my AGI is $150,000 and my rental profit is $24,000 for the year,  after paying the PITI and expenses, in a rough estim...

I am in contract on a multifamily property that was marketed and priced as a property without deferred maintenance. The inspection discovered some significant deferred maintenance items and some safety issues. While ...

You've done it! The postcards, the cold calls, the schmoozing with brokers - it's paid off. You've got your first mobile home park deal (mhp) under contract.Now comes the fun... wait fun? Okay, there's not much fun ab...

If a turnkey home was inspected initially and there was time given to fix  ALL the issues with the home but when re-inspected the home was not turnkey ready at all and the repairs that were supposed to be done were no...

So say you've been depreciating a property for 10 years.   Year 11 rolls around and you completely replace the roof.  Does that just increase the remaining depreciable balance (basis) for 17.5 years?  Or do you deprec...