David Stein
Types of improvements not subject to depreciation recapture?
I have done an extensive remodel and addition to my primary residence, and plan to convert it to a rental property down the road (in a few months to a year). I'm in the process of compiling and allocating all costs as...
Tam Lipani
Struck Off Deal in Texas - repairs vs. improvements
I am evaluating a struck off property (SFR) that has been gutted in Texas (TX has 2 yr redemption period). I know the chances are small (of redemption,) but just wondering after I rehab the property, if the previous ...
Edita D.
rental property improvement: depreciation over how many years?
Hey guys!
Imagine a scenario: a 4-plex was purchased in 2011 and the owner leased out 3 units and lived in one of the units himself. Before moving in, he did some improvements since the unit was in dilapidating condit...
Nicholas Field
Whats the biggest exterior improvement you can do?
I am working on an old house. Siding seems like an obvious makeover to do. But it’ll cost like 30-40k in my area. Anyone regularly replace siding in their flips?
Ramsey Rimkeit
Use of Credit Cards to improve credit score?
I want to understand which percentage of credit usage is best and if it has to remain constantly at that level. It seems no matter what I do, I lose points (not always of course). I was keeping my credit usage below 7...
Fernando Domingo
Improvements to do while doing a total rehab
I’m in the process of doing a complete rehab and the house is down to the studs. Plumbing, HVAC and electrical is starting as I wanted to get some suggestions on things to do since there are no walls and we are starti...
Jon S.
Refinance Questions regarding Cost Breakdown of Improvements Made
When a refinance banker asks for a "Cost breakdown for improvements made"What is the best format and the best categories to use to breakdown the costs? I have tons of expenses, many from Home Depot, which I could clas...
PM Ahern
How to improve dumps in a nice neighborhood?
Hello, brand new to Bigger Pockets...Just inherited the responsibility of managing nine properties in a nice neighborhood. Excited about it! However, they're not in the best shape because they haven't been updated muc...
Collin S.
Improving aesthetics of breaker box in furnished rental
My newest furnished rental has a breaker box in the kitchen that I would like to hide or at least make less noticeable. It's about 38 inches tall and 18 inches wide, so it sticks out. Has anyone ran into this situatio...
Gaurav Mehta
How does Land and Improvements Change after Sale
I have a few question about how prices for Land and Additions are changed post sale. Say there is a property listed for $975,000. Based on its most recent tax statement it showsLand : $18,445Improvements: $80,666.001....