Hello!!
I manage 70 low-Income apartments in Grand Forks, ND and I love it!
Lately, I've had a problem with tenants throwing large garbage items like beds, bed frames, desks... etc out by the dumpster. That is fine...
I paid $30k for windows this year. 60 windows @ $250 each. My invoice is itemized. Can I claim de minimis safe harbor since each window is less than $2500 and my invoice is itemized? I didn't have to replace them a...
I'm about to become a landlord for the first there is a section in the lease I'm unclear about. The legally described? non-real property items?1. PREMISES: For good consideration, Landlord leases to Tenant the followi...
Hi all,
I’ll be closing on my first property within the first weeI of November, an owner occupied triplex.
Assuming it takes me a month or two to get ready and tenanted, I may get a months worth of rental income.
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I have a new construction STR that will be completed and placed in service this year. I understand that none of my expenses are deductible until the property is placed in service, and that all construction expenses an...
I had an inspector review a SFH that I had under contract and decided on 3 items that I felt comfortable going to the Seller and negotiating for them to be responsible for those 3 items. I haven't heard back yet, but ...
Hi Everyone!I have researched De Minimus Safe Harbour election & it sounds like a very beneficial tax election.My understanding is:1. You can writ-off, instead of depreciating any item under $2500.00 ($5000.00 wit...
I'm working on a deal and a quote from one of my contractors has a project management fee included in there. In the BP community's experience, is that a standard line item for most contractors? I've seen budgets with ...
I purchased and renovated a buy and hold rental property located in NJ in 2015. I did a lot of renovations on the property. The property is held under my own name and I'm trying to get organized before I go to see my ...
Search for the item you need. When you find what you like, right click copy the image and do a reverse image search on google images. AKA google lense. Click on the "camera" icon at images.google.com or go this url ht...