Greg Maden
DSCR Loan question
I am up against my DTI ratio for a traditional mortgage and I have been looking in to the DSCR option and it from what I am seeing it looks like a decent way to continue to scale. Does anyone have insight on what the ...
Mike G.
Requesting help in understanding safe harbor applications
Hi BP,I recently incurred significant expenses for the exterior of one of my properties, and am requesting your assistance in understanding what I may be able to deduct in the current year. I would classify each of t...
Dave Rav
Central heating options
Well, I just got a bit of news all of us just love - the HVAC needs to be replaced! At least the heat component needs to be replaced (AC works). Contractor says heat exchanger is cracked and induce draft motor has f...
Saul Trejo
Roof repair expense or improvement??
Hello, I would appreciate your input on the following issue- We have a rental house in AZ in which the roof started leaking at several places. It is not that old of a home (1999) but we are told that the tiles either...
Max T.
Budgeting for CapEx
So I've finally got around to creating a spreadsheet for CapEx budgeting and want to make sure I'm not missing anything. For each component I've estimated the cost to replace, the estimated number of months of remaini...
Paul Caryl
Can I expense a roof replacement on my rental?
I will be replacing the roof on one of my rental properties this summer. The question is can I expense is all this year or do I have to depreciate it? I ask because I've heard both sides lately. The normal consensu...
Christine Swaidan
Retro-fit VS. Nail on Windows
I could use a quick lesson on replacement windows. I believe nail on means that stucco is removed and the window is more of a built-in product like you would do with new construction. When should I do one vs. the other?
Dave Toelkes
How Depreciation is Recaptured
Investors have long known that depreciation on depreciable real estate is an economic fiction. Since property values usually increase over time, depreciation has often been called a "phantom" expense. Congress even r...
Account Closed
Multiple 'de minimis' safe harbor elections?
Good Morning All! Two questions actually.First, is the 'de minimis' limit for an individual landlord $500 or $2,500? I read Amanda Han and Matthew MacFarland's book and understand (or interpret it anyways) that the li...
Danielle M.
DIY Reserve Study
I am on a committee in my small 8-unit condo HOA tasked to figure out an inexpensive way to get a reserve study done. Has anyone used a do-it-yourself type template? I found many sites that explain how to do it and ...