New investor here!We had to replace our refrigerator in our rental, due to the old one breaking. Is this a Capital expenditure or an operating expense?I'm also wondering what the advantages are of classifying one as a...

Hey everyone, I purchased a property back in Feb. 2022, I have a tenant whose refrigerator leaks water out of the front door and she states this only happens in the summer time. She has been there for a few years now,...

I wanted to get the communities thoughts on replacing refrigerators or repairing them.  It usually costs 200 - 300 to diagnose an appliance and then repair them.  Whereas we can get another 20 - 22 cubic foot brand ne...

Please Help. Going insane. We leased out our Home in Boca Florida, for $8k a month plus a month, on a two-year lease. The first week or two, the refrigerator started leaking. This is a $12,000 built in 48 inch refrige...

What are the best cookstoves for rentals? Not looking to spend a fortune of course. Looking for good bang for your buck that should  last a while for rentals.Like to hear what others are using. I’m not looking for the...

I am remodeling a kitchen in one of my rentals. I cut one of the water shutoffs for the kitchen sink, because it has a slow leak. I bought both a push fitting and a compression shutoff, but both were just slightly too...

Who is responsible for the cost of replacing the refrigerator damaged when the power was cut off to a rented condo.Our tenant reported that the power to her unit was cut off at an unsecured switch next to the meter wh...

My wife and I recently bought our first rental property from a turnkey co. A tenant moved in and found out that their refrigerator did not fit in the area for the fridge due to some upper cabinets. So she went to our ...

One of our houses has a large freezer that was installed in the basement before the floor was installed. As a result it cannot be removed in one piece.I can chop it in half with a saw but I don't know what to do about...

I have a question on how to handle fully depreciated assets that are part of a rental property when it is sold.  I'm trying to estimate my taxes owed (long term capital gains and income) due to the sale.  I think this...