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Quick hypothetical question for Tax Pro's out there:If you have purchased a lot to build a home on, when does the one-year clock start to switch from short term to long term capital gains?Does it start when land was a...
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Here's a topic we don't see a lot about: is your CPA depreciating your rental property faster than the 27.5 year life of the structure by breaking out elements with a shorter life like flooring, roof, furnace, etc? Wh...
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My tenant says that her dishwasher doesn't dry and something else about the laundry washer.... I am going to attempt to fix it myself and would like some tips on how I should go about this.
I was thinking that the v...
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How would you respond to this? I kind of just want to tell them to go buy a new oven if they don’t like the one that came with the house.Tenant text: I’ve noticed the oven doesn’t get very hot, can we get someone to d...
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Hi fellow bigpocketers, I have a question on, to me, a weird interpretation of what a garage contains from our condo association in NJ. Our condo contains a 2-car garage that our unit can go into directly. However, ac...
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Just getting started. I have an offer in on my 1st investment property, a short sale condo. Glad to be a part of this community.
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I need a commercial carpet cleaner with heating element and tons of power. Cost and portability are not important. It will be used fairly often. Any suggestions?
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The house that my wife and I currently live in will be a short term rental within the next few months, however we have one big issue: I can't solve our hot water crisis!
About 6 months ago our water heater worked ver...
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Got a call from my temple university rental property that was just purchased a few months ago, so not much experience with this particular property or tenants yet.
He tells me that the dryer spins but doesn't heat u...