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When rehabbing a property, at what point do the expenses become tax deduction? I realize that it will raise your basis, which will effectively reduce your tax burden when you sell.
Here...
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I have a small 9 unit apartment community that I am helping to manage. We are currently looking for a contractor or subs that can complete an interior remodel on one of the vacant 1 bedroom 1 bath units that measures ...
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I had a tenant for 5.5 years who just moved out, and it is my first time turning over a property. I spent several days repainting (lots of holes, marks, etc), cleaning, steam cleaning the carpet - am not planning ...
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I use the security deposit (and the first month's rent) as a test case to see if the potential tenant will be able to pay rent on time. If they can't come up with a security deposit and 1st Month's rent prior to w...
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I hate tan paint as much as you hate white paint.
Tan and beige look cheap and dirty after a while.
Do you buy tan and beige colored cars too?
Have you noticed how PC makers no longer make the beige computers you s...
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Good evening all,This is for a rental (unless I get a great offer at the end) but there wasn't a spot for asking rehab questions in the landlord forums. Short background: 1600sq ft SFR that should get $900-$1000/mo re...
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Hi everyone. Long time lurker here. 1st time investor .My situation is the following. I am trying to purchase my Grandparent's home. 3 bedroom/1.5 bath 1/4 acre lot, 1 car garage, driveway . built 1955 Easton, Pa (Wes...
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What is your criteria for buying homes with a wood frame build in Florida? I know a lot of investors who say to steer clear and to only really look at block properties (primarily because of termites), but I've seen a...
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Hi All, I'm looking to do my first long-distance BRRRR with no prior of experience with rehabbing. My biggest difficulty analyzing properties is projecting rehab costs. I'm reading J Scott's books on Estimating Reha...
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I am almost under contract on a property here in atlanta please read details and let me know if you see any big red flags.Price: 70k 25% down plus closing cost will have me around 19,900 out of pocket2bd/2bth current...