Investment Info:

Single-family residence fix & flip investment.

Purchase price: $220,000

Cash invested: $650,000

Sale price: $1,110,000

This stunning sun-drenched home features exquisite crow...

Hello!I am currently reconciling my books for my rental properties and was wondering if I could write off/depreciate a used appliance(stove, fridge).Thanks!

I've recently learned how to run numbers for property depreciation as a contra asset, yada yada. Now we bought a new $600 fridge for the mobile home we're renting out that we paid $12,000 for. I'm taking the election ...

I just purchased some real estate for $390K. Within that real estate I have a number of assets. Can they be depreciated? Example:January 2021 fridgeJanuary 2020 AC Unit 2016 washer and dryer Furnace, etc.If I can depr...

So I bought a BRAND NEW refrigerator from ABC Warehouse (w/ 5 year warranty), it crapped out and ruined my tenants food (2 months after the purchase) ABC fixed a part, and 2 months later the fridge stopped cooling aga...

Hi All,I am remodeling a kitchen in a 2 family house I just bought. I am upgrading the full unit to be more modern and have an open concept.  The house is in West Hartford CT, a very nice area where a lot of professio...

Hi,My property is in CA and my tenant dropped a something heavy on the refrigerator floor which seems to have a 1 cent big crack on it (picture below). The refrigerator was brand new.Questions - If the refrigerator is...

I need a source for used appliances in the Baltimore area. I have a tenant occupied property where I need to replace the fridge and my normal contact is unresponsive. Any contacts would be appreciated.Thanks in ad...

I bought my very first hoarder house. It's a single-family in a "B" neighborhood that was occupied by hoarders. Let the tale begin!This is a single-family with 856 square feet on the main floor and a full basement tha...

this is my first rental (my personal home that I'm renting) so the house is much nicer than what a typical rental would be.  That said, I am getting a premium on my rent ($1.90/sqft).  Anyway, found out my tenants had...