Going through a 36 unit repositon Spartanburg, Sc. First things I knocked out were...-seal coat parking lot-new roof-wrapped fascia board-painted and improved on-site laundryTrying decide wether I should paint the en...
Being a mortgage agent I get a lot of questions about these types of Mortgages on here thought I'd share in a thread for reference. I think Purchase Plus Improvements are great I've personally used them for my last 5 ...
Hello All!
I need some advice/guidance. I am 23 years old near Pittsburgh, PA and I recently bought a duplex as my first investment property. I do house hack this duplex. I am looking to do some home improvements lik...
Hey
I am buying a home in New Jersey with cash. It’s a very good deal but it needs a lot of work since no ones lived in it for a long time. Possible mold remediation and just bringing a lot of things up to date. What...
Hi all! I’m relatively new here, though I’ve been lurking for a while. I currently own a 2-family rental and it turns out that my co-owner and I are eligible for a $30k renovation grant and we’re considering where to ...
Hello!
I own and operate a full time short term rental. We added a pool to the home last year. When doing taxes it separates the assets, property & the new land improvement (pool). My question is, we would like t...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $295,000
Cash invested: $5,000
This 3,000+ sq ft home is one of seven properties on the Clark fork river in the cit...
All,I am looking to buy an investment through a Home Improvement loan BUT I want to do the upgrades myself. Lender is required an executed contract with a licensed and insured GC to identify the scope of work (Improve...
Hi Everyone,On my last three tax returns my CPA surprised me by prorating several of my HUGE expenses, citing that they were improvements so the full amount can't be claimed on one year's return. (he diviede them over...
An interesting issue has come across my desk and I am curious if any other LL have bumped against a similar issue.
The general concept, tenants move in on a run of the mill standard annual rental contract. Tenants...