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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...
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I have a couple questions around bookkeeping and taxes for rental properties. I recently had some work done in the basement of one of my multi family properties that amounted to $4300. It was really needed because w...
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I've been entertaining the idea that it might be more cost effective to build a new home out of my already existing home than trying to buy a new home. I'm curious if anyone has had this experience and what would the ...
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Seems this is the trend in more expensive cities like Seattle and in Vancouver. Doesnt this go against the grain of investing in income properties? What happens when the economy turns sour and the vacancy rates drops ...
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Turnkey Dad hates the smell of cat urine and makes no money on the buy. Penis Dad thinks cat urine smells like money and loves a well placed penis on a wall. I just bought this one LOL. Purchase $80K, repairs needed...
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I'm looking for some ball park figures on installing, float, finish drywall for a 1200 sq/ft 3br 1ba ranch home with 8ft ceilings.
Home is already gutted down to the studs.
Trying to help a friend prepare a budg...
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When should you start tax planning on a building? A lot of people think the tax planning starts once the building is completed. However, you can actually save millions of dollars in taxes by starting during the bluepr...
If Lindsey Duguet can reach financial freedom, you can too. She was hundreds of thousands in debt from student loans, trying to raise a family with almost zero free time, working eighty-hour weeks, and failing to find...
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Several years ago at the delinquent property tax sheriffs sale I bought a small warehouse/storage building. There was a dumptruck in there. With a little bit of paperwork I was able to get a title in my name for the...
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--Currently two in a half week in rehab as of writing this--After having success with my first 4plex and 2/br home rentals I was ready to find my next deal. My original plan was to purchase a property at the County Ta...