Linda M.
tax deduction for for items brought separately from renovation
I purchased a multi unit property ,the renovation was included in the mortgage my question is ,when it is asked on the tax for depreciation the purchase price do i use the sale price of the property or do i use the s...
Jhansi B.
tenant withholding rent saying landlord hasn't fixed the items
Here is the story short. Rented single family home in March and the tenant was late in payment in May (which I gave her grace period and first time late fee waiver) and again she was late in June but said that she pai...
Matthew Hodge
Applying the 2% Rule to Improvements and Additional Items
I've got two questions, but they're related. First of all, how should we apply the 2% Rule, or another similar guideline, to improvements? Specifically, I've got a triplex that doesn't have central heat and air. The t...
Marshall Stewman
What are the actions items needed when inheriting tenants?
The good news is I'm getting very close to closing my first multifamily property but the bad news is I woke up this morning thinking about my inexperience regarding the differences between leasing a SFH versus inhe...
Brandi Scharrer
Furnished STR - time it takes, checklist, buying same items
I know there are a couple of threads on the cost of furnishing a STR and they do appear to vary greatly (size, market, target audience etc.) and I'd still love to hear about cost but some of my other questions for the...
Brandon Foster
What Crazy Items Did you Inherit on Your Property?
My partner and I just purchased a duplex in south Los Angeles. We inherited a family of cats that live under the house, two pigeons that live on the side of the house, and a blind dog. What are some crazy things you...
Brandon Lancaster
Sending ITEMIZED ESTIMATION of REHAB COSTS to My AGENT
As Posted in Subject.Im Sending an ITEMIZED ESTIMATION of REHAB COSTS to my AGENT to Send "WITH MY OFFER"I Felt this was a good idea so they Realize how much Money is needed to Have it to Code.Do you think this is a g...
Eran Greenburg
How do you track project based expenses (itemizing receipts)?
This is really two questions.1. How to best track costs of a project and compare with budget (what process/software do you use). I think Quickbooks calls this "job costing":I get a bunch of receipts then need to someh...
Patrick Jacques
Most expensive item you've put into a flip/rehab?
I'd like to see what people put into a flip property ... Anyone gone overboard on a flip?
John Pruner
Do you get your money back on these items?
I'm thinking of selling the house I'm living in. House will sell in Denver for about $445k.It has service-able (but worn and slightly stained in places) carpet covering about 700 sq ft. Is it worth it to replace the c...