I have a tax question on water heater replacement. I Know it should be a capitalized expense written off over X amount of years. Last year I replaced a water heater and in doing my taxes using Turbo Tax there was so...
I have an old building that has to come down. I dont see many ads for good used lumber any more like you used to in the old days. It has old style oak floors in most rooms,,any value there?? How do you 'price' used ...
I’m either dealing with a stubborn seller or a shady seller’s agent/broker. Placed offer on decent duplex. Inspection report found issues including roof, railing not up to code, electrical issues, and other smaller i...
View report*This link comes directly from our calculators, based on information input by the member who posted.Was hoping someone could give me their two cents on the calculations I have done for a qu...
I recently decided to replace many of my windows in one of my multi-unit properties and I went with the contractor's loan company (AquaFinance) to pay for the windows. All in all, I spent 12k on the windows with a 9% ...
Hello,I am using Zillow for credit and background check. One of my applicants credit report came back with a credit score above 700 but there is a collection item and it says they pay on-time 91% of the time. The only...
Hello!When it comes to return the deposits after repairs or cleaning its always an issue and heavy debate happens frequently. Tenant always shocked to find out if they didnt miss any rent payment they expect 100% ret...
Twin Cities Investors, am I required to fix all items called out on the Truth In Housing report? I have a property that can be a quick cosmetic turn. There are some plumbing issues that don't meet today's codes. I ...
Hello, I have known that a few experienced investors use stainless appliances for rehabs. Where do you get them? I'm wondering because it seems spendy buying new and buying old seems cheap. Thanks
I live in GA. Listed my home at $219,900 then reduced to $209,900. Comps with less sq footage in last 6 months are 230k, 240k, 227k. My drive way is a bit steep but not terrible. Pretty much move in ready other than a...