Hi gys - I find that getting a correct and trustworthy estimate for "paint and general repair" - is much more difficult than "standard rehab" items.Standard Items like flooring, kitchen counter-tops, cabinets & ap...
I will be renting out my current primary home in about 1 yr. and need to do the landscaping. Most of it is to create better drainage away from the structure to protect foundation and some is for better curb appeal and...
I will be closing on a 4 plex apartment building this month. Each unit in the building needs new windows and could use some updates to the kitchen and needs new carpet. IRS rules require that repairs, when done as par...
So I just met with my accountant and according to him I made $11,000. in income off 2 properties full year and 1 for 3 months of 2016. After interest, taxes, insurance and depreciation, I am still showing $6,000. I ...
I'm doing my taxes for 2017 now. I've had a duplex since 2012, with tenants in it since 2013. 2017 was a particularly rough year--my property management company has recorded $5700 of repairs that were done, and in b...
I have a few questions when it comes to calculating taxes on my BRRRR properties I am hoping someone can shed some light on.
1. I want to make sure from my research that I know how to properly arrive at the deprecia...
I have recently been speaking with Opportunity Zone Funds and a few of them are looking to deploy capital for projects but have not found the right deals. I was considering doing syndication and purchasing properties ...
Hi All!
I have to this point mostly owned "residential" multifamilies. As I look into larger properties i am wondering if anyone has a list of improvements to make and estimated improvement $ amount to be added to va...
This year I replaced two HVAC systems. I know this is tax deductible, but I'm wondering if I would claim the entire deduction on my 2022 taxes or is this something I spread out over a few years?
I have a 60 unit storage facility with a U-haul dealer located in Edgefield, SC and I’m considering to get a management company to replace the ESS system i have. I have owned the property for 18 months and can’t get o...