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Hey everyone!I’m currently reading The Book on Estimating Rehab Costs, and it’s been a great read so far!I’m trying to learn the process, and my next step is learning good ways to estimate the after rehab value or ARV...
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Does anyone have suggestions on claiming rehab work done by property owners themselves as capital improvement expense? We are remodeling the kitchen/ bathroom/roof of a property purchased ourselves, but are not sure...
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My tenant called, and they want to pay to install a tornado shelter (this is the kind that goes in the garage floor; only takes a couple of hours and costs around $2500). This is in Oklahoma, about 15 miles from wh...
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I purchased my first place in 2021, putting 5% down because I moved into the property. I plan to rent it out next year, but I wonder what write-offs I can take on a property that was not financed with investor financi...
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A multi-part question answers or insights to which are much-appreciated ...Part 1: Deductibility of ExpensesAre ANY typically-allowable [write-off] expenses and/or capitalized/amortized expenses in a taxable context (...
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One of our fantastic bloggers on the BiggerPockets Blog, Justin McClelland, wrote the following tutorial to help you get your YouTube marketing videos up on your Craigslist ads for better clickthroughs and visibility....
Hey Everyone,
New guy here. I wanted to create a journal here to track the progress to my first wholesale deal. I figured this would be great way to keep motivated, meet peers and better my writing skills.
I'm curr...
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Hey I was wondering about the HERO program for doing capital improvements. I have a bad roof on a fairly large apartment. Would it make sense to do an energy efficient HERO loan? I have read that they show up as a t...
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I love this website! I am new here and I have been listening to the podcast, reading articles and scrolling through the forum non-stop. I have a few questions that might be silly or easily answered, but I am having...
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I recently bought a triplex (my first ever purchase) but based on the terms of my mortgage, I need to move in. One unit has a woman on disability for osteoarthritis who has been there for 10 years, the second unit is ...