Hello everyone,I'm seeking opinions on the tax treatment of remodeling in certain situations. For example, let's pretend I purchase a house for $90K, misc rehab is $10K, so I'm "all-in" rent-ready at $100K and adverti...
Hi, I'm looking for recommendations for local community banks in Alabama to replace a current loan on the land on which we're beginning construction of 100 unit SFH community. Please advise. TIA
My fiancé and are small time landlords. We own two duplexes and do all the work ourselves and both still work regular jobs. Sunday evening we received a text from our neighbors saying their downstairs toilet overflowe...
My tenants 1 year lease ended but I noticed 4 dents on the brand new stainless fridge (1 year old). 2 on the side due to a door banging on it repeatedly and 2 on the front. The panels cannot be changed. Can I deduct a...
I found some similar posts, but I also had some specifics that I would like to try and get cleared up. I am new to investing, in the Denver market, and looking for the right time to buy. I believe that we are about to...
I am a brand new real estate investor. I purchased a duplex with a current very good tenant two months ago. I have put nearly $`13,000 in electrical rewiring of both units, painting, new ceiling fans, and a new hot w...
Good morning BP community - my buddy owns a real estate investing business in my hometown, upstate NY. He started offering an Apprentice program this past summer which I joined. It consists right now of driving for do...
We had our first contractor nightmare. I guess that makes us official real estate investors. We just discovered he dumped demolition material including sand and concrete in our backyard. Instead of buying dirt this...
Ok, lets get the "it depends on your state/local municipality" out of the way. I am looking for a more general quesiton of what is a reasonable hourly rate (or per job) to charge for DIY repairs. For example, if a t...
I have a property that is being managed by a property management company. I have been getting a large amount of expenses on the property lately. Some seem legit but other do not. I wanted to get the opinion from oth...