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Hi all,I just installed a $250 Nest thermostat in a unit.Is that added to the cost basis, or can I deduct it as personal property?Thanks!
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Hi everyone! My buddy just scored a super awesome property that has the potential for some serious value add. it is a 3000 square-foot 2 bed 2.5 bath house they want to turn into a 3/3. To do everything they want is...
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Hey everyone,I wanted to see what recommendations the BP community has when it comes to rehabbing a property in preparation for it to be rented. 1. What kind of material would you use that is ideal (low cost, durable...
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From my experience, I have learned repainting a building can immediately upgrade the exterior of a building. Also addressing exterior elements such as as siding, windows, doors and landscaping can all improve the curb...
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I have several questions in trying to understand when to update my rental and the metrics to use to compare and assess. Is it worth replacing the carpet with LVP or should I just replace the carpet on my long-term ren...
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What would you do to help reducing your taxes with your rental property income ? we have more income from our rental homes this year which is a good thing but other hand we will pay more taxes next year. Any thought. ?
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Evening,
Can my parents deduct major improvements that were made on their owner-occupied property? Their AGI is $82,000 on tax YR 2022.
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I live in Phoenix, AZ and was able to score a great deal on a foreclosure home for my primary residence back in 2009 as a result of the housing market bubble burst a few years earlier. What the market bust also meant...
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hello I'm new to investing and would like to lear more. I'm interested in wholesale houses and would like to know the best way to go about buying one.
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