We are in the process getting a house ready to sell that has been rented. Are expenses such as painting and misc other items expensed for that year or are they added to the properties tax basis when sold?

Recently my wifes parents went ahead and split up their inheritance and my wife received her share of the inheritance, they wanted to do it before they died cause they would rather see her benefit while alive...Anyway...

I took a week off to satisfy Patrisha's desire to remodel our house (see the pictures here). But, a deal came across my desk. This is a 50+ room hospitality asset. It can be bought at rather low per door basis, even a...

I renovated my home myself (I'm a contractor) over the course of 2017 and 2018. I rented the property in 2018. I did extensive renovations. I'd like to increase the basis of my home with the cost of items like: Kit...

Hi Guys,When you are analyzing rent in a particular market/submarket you are considering in investing in to buy a multiunit in how do you know if you're analyzing rent for 1 bed, 2 bed, or 3 bed? You obviously wanna c...

I have a tax-related question. I acquired an additional property in October last year and incurred rehab costs in the last two months. Since it’s not my first property, I think I can deduct operating costs on Schedule...

My pool and pest company reached out to me to upsell their property security and damage program. It would be $199 for the pool, pest service plus a weekly damage and security inspection report (photos of outside home,...

Hello-New to hard money but not to rentals, I own 5 doors that I have funded myself but want to keep some reserves so looking into hard money for my next deal and will refinance into a conventional loan to keep the pr...

I currently own propeties in Texas and will be returining soon to my home country. I am a non-US citizen and recently have been hearing about Canada banning foreigners from buying property and Texas and other US state...

Hi,
I'm in Texas and My dad passed away nearly 2 years ago and I inherited his home which is paid for. I've been living in it and have done heavy home renovations. I know that if I put it up for sale (before my 2yr l...