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Let's say, for example, I put a new roof on a rental and it cost me $7,000. I've since depreciated a total of $2,000 of the roof's cost on my annual taxes each year since.
When selling a rental property, Net Adjusted...
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Hello BP,I just bought my first investment property and am learning a lot of tips and tricks because of you all, so thank you very much!What are the best improvements i can make to a rental property that i can write o...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $89,900
Sale price: $118,500
Bought a home with no money down on a VA Loan and lived in it while adding space and r...
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For tax properties in Alabama, what preservation improvements generally create the most VALUE add and are usually justifiable?
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A colleague has suggested getting a fico score that qualifies for roof-top solar panel incentive grants. He claims this can add 20% to the ARV of a property because it confers public subsidies and benefits to the own...
We are renting out our personal condo soon as we are moving out of state for at least 3 years. There are some minor repairs/improvements we are hoping to do to the place before renting and I am a bit confused in rega...
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Yesterday, the Raleigh City Council approved an ordinance that allows any detached house or duplex to add a second, smaller, "accessory" dwelling unit with its own kitchen and entrance. It can be in a separate buildin...
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Hi Guys,We're thinking of giving the BRRRR method a shot. We've got some idea of the most cost effective ways we can add value to the property we purchase, but wanted to hear from those with more experience. A few of ...
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I know that for many new investors, to have a good credit score and be able to qualify for loans are crucial for the exercise of the BRRRR or any related strategies. So here is a small contribution of mine: https://ww...
My HOA is trying to improve the road in the entire subdivision. How would the HOA make sure that homeowner's will vote for the improvements until the road is improved in front of THEIR home and then decide to NOT vot...