I’m rehabbing my rental and paying my contractor 21k to do it all. How do I depreciate this for tax purposes? Can I depreciate the total amount over 15 years?

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $203,000

Cash invested: $29,764

Sale price: $264,900

The true NO MONEY down Fix & Flip!
3/2 2600sf home...g...

My own personal residence has wallpaper that's been painted over in the master bathroom.  It's pretty glossy and water resistant.  We've been there for 10 years and there's no sign of peeling yet.  If I try to peel a ...

I recently inherited some rental properties from my parents and I need to rehab a bathroom.  Any suggestions on what to do with this bathroom would be greatly appreciated.

I'm pretty new around here, so I'm not 100% sure this is the right forum, feel free to correct me if I'm wrong :)

So I'm new to this and working on my first Lease. I've read tons of example leases from actual...

Hey BP,It seems like I've chaffed about 20 questions today alone, but here's the most recent.I have a flip that I'm rehabbing and I keep scratching my head when I look at this PINK bathroom.  The whole theme is pink t...

I'm having abnormally high water/sewer bills for my duplex in Parma, Ohio. Here are the stats from Cleveland Water and NEORSD (sewer):~$100 avg for 1.9-2.1 MCF water usage per month~$200 avg sewer costThe total of $30...

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*This link comes directly from our calculators, based on information input by the member who posted.

I’ve got a couple flips under my belt with a partner of mine. I want to start getting into some rentals on my own. I’m looking into a property that needs some repairs that I could live in, fix up, and turn into a rent...

I have a unit that is in need of a total gut job for the bathroom. The tenant will be without any tub and toilet for one night I planned on putting them up in a local hotel for one night. Has anyone done this before a...