Jeff D.
section 179/writing off apartment turns all at once
Ok i'll try and be concise, and apologies if this has been answered already. Doing 2018 taxes (yeah i know, late). I had a multifamily remodel project happening in 2018. 2 units rented throughout construction, the r...
Jeri Herrera
Bonus depreciation and real estate professional
I receive $16500 in rental income for the year. I remodeled the rental property this year at a tune of $17000. I also pay the mortgage and 10% to a property management company. Because I have put so much time into ...
Emik Nikora
Contractor going into RE investing
My story is simple - I am a hardwood flooring contractor who is selling his home here in California. I plan to use the accumulated equity to start a new business/life in Knoxville TN. First few homes I plan to flip my...
Paul Lowe
Remodeled Rental-Tenant Bought
Investment Info:
Single-family residence note investment investment.
Purchase price: $550,000
Cash invested: $120,000
Sale price: $710,000
I bought in December of 2022. I did a complete remodel o...
Paul Lowe
Remodeled Rental-Tenant Bought
Investment Info:
Single-family residence note investment investment.
Purchase price: $550,000
Cash invested: $120,000
Sale price: $710,000
I bought this property in December of 2022. I did a comp...
Jennifer Schelkopf
Long-term rental in Springdale
Investment Info:
Single-family residence buy & hold investment in Springdale.
Purchase price: $205,000
Cash invested: $56,110
3 bed, 2 ba all-brick home. Located in an established working neighbo...
Suzanne Marlatt
SFH with two income streams
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $915,000
VA purchase, sfh, 1st floor fully remodeled for sale, incentives in purchase - 15k cash credit (paid warranty ...
Kyler Clem
Writing off furnishings
Hello!I have just finished remodeling my downstairs into a rental unit. I want to full furnish it for mid-short term rentals. How can I write that off? If possible. Thanks!
Ryan Davidson
Large multi family apartment building
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $115,000
Cash invested: $40,000
7 unit building, 4 completely remodeled 2019/2020
What made you inte...
Johnny Quilenderino
One of the most profitable house hacks I seen ...
One of my first contracts as an actual agent. She was a nurse over at INVOA Fairfax looking for something that was 3 bed 2.5 baths with a basement, she was going to house hack. This young lady had a vision and all I h...