I received this text this morning from one of my tenants..."Good Morning, Mike! We have been seeing a TON of spiders and bugs in the house, and were wondering if it would be possible to get it sprayed. Please let me k...
Hello BPers, wondering what the consensus is out there for categorizing capital vs operating for appliances? Window A/C units? Painting? Refinishing floors? Carpet? I'm leaning to treating it all as expenses.
Does any provide blinds in their rentals or skip it ?
Hello,
I'd like someone to confirm my understanding of the treatment of a gain on a land sale. The offer is a large down payment with owner financing the rest. What I'm trying to do is determine the amount of the c...
Hi BP Family! I'm writing to get some insight from any landlords who may have experienced a similar situation as myself. About 1 year ago, my husband and I bought a rental property (single family home) from a flippe...
Got an interesting e-mail over the weekend from a new tenant. Been living in unit for 2 months, was screened with good credit, employment reference from a reputable company (hiring manager verified and checked out, e...
I purchased a single family rental property in 2005. It included an inground swimming pool. In 2021, the pool was abandoned and demo'd. I never did a cost segregation study so I have been depreciating the entire pu...
Hi, does anyone have a recommendation for window treatment companies in the St. Louis area- for a rental property.Thank you
Dear Bigger Pockets Community,I have contracted on a single-family home in Memphis, through a turnkey company. The turnkey company have been great so far but I have just had the report back from the termite inspection...
I am getting very strong cash flow, on a property that I fixed up last year. I am wondering whether the depreciation and the rehab costs can be used to offset this income? Yes, I am going to speak with a CPA, but want...