Quote I got from an AC company here. To replace a low pressure sensor that is under warranty. They want $500 an hour for labor. WTF??To add insult to injury, every company I’ve asked for a quote based on the quote I g...
Say you spent a thousand or two on small repairs like; tree services, fix some cracks in the wall, fix water pump. And paid cash for the labor. Can you include this in your tax expenses for your rental unit ?
I purchased a rental property in 2009 and had to do major remodeling before it was ready to rent. I do not have an accountatnt yet but planning on looking for one to have my taxes done this year. This is my first ren...
Can an s-corp owner /employee /officer claim an amount attributable to his own labor on a flip to help bring down the taxable profit?
For instance, if he did a portion of the work - perhaps the tile, some paintin...
Investment Info:Single-family residence fix & flip investment in Everett.
Purchase price: $183,000 Sale price: $200,000Come see this large 1,770 square feet single-story mid-century rambler with tons of po...
I need to install an L-shape French drain that I would say needs to be around 3 feet or so deep. The total linear feet would be around 120’. I was quoted by a 2-man team around $350 for labor as it would take them aro...
Apartment flipping from one of the best in the biz!
On today’s show, Brandon and David sit down with Nathan Tabor, a well-known multifamily investor who has done 26 multifamily flips in less than 10 years! You will...
I am a former real estate agent from the California area. I have recently relocated to Charlotte NC and trying my had ad wholesaling. In California my largest wholesale profit was 20k.
I understand comps...
Hello,I've read that Brandon likes to submit a cover letter with a picture of his family with his offers for properties. I personally really like this idea and am thinking of trying this out myself. However, I look re...
On today's episode of the BiggerPockets Podcast we have an incredible chat with financial planner, real estate investor, and an all-around great guy - Jason Hull.
Jason has a great story of how his early mistakes l...