I'm a newbie investor and heard a rehab gal Robyn Thompson vehemently state one time that she would never buy materials for her renovations because it would open her up to being considered as a GC/employer if ever sue...

Should I pay wholesale or retail prices for my building materials on my rehab projects?William Avery

Per Indopco, capitalization is the norm, while deductions are the exception.In other words, instead of asking do I have to capitalize this, ask, what Code section provides an exception to capitalization.One such metho...

For anyone thinking about investing in Pittsburgh, PA, here are the current costs of materials at our local Home Depot store. I hope this helps you estimate your material costs for any local projects you're considerin...

Anyone willing to share their list of materials they use for a flip? Just trying to gauge where I can save and where I can afford to spend a bit more and get a nice return.

I see others have asked questions about Flip man, has anyone other than Account Closed used his products?

As some readers of this Forum know, there are two types of participation for those seeking the use of real estate losses:  Active Participation and Material Participation.  For REI over a certain income limit, in orde...

We are currently remodeling the kitchen of our primary residence, as soon as it and a few other improvements are made we will be refinancing and moving on to the next project. We are in a dilemma in choosing counterto...

Hello, I have two properties one I am currently worked on and one that I have renovated completely. I was wondering in quick books where would you file material cost for a rehab? 

Quick question for everyone. My contractor gave me labor quotes, and I am purchasing the material list for work to be completed. The painter has added items such as graco pump armor and gracO spray tips (for his paint...