Sean Boyle
Rental Property Turnover Maintenance Items
I'm looking for some feedback on the typical items that are done to a property during turnover to a new tenant. I have a rental property in Charlotte, NC and I've had a property management company in place since the ...
Natalia Barriuso
Bonus deprecitation, items that qualify
Does a new fence installation qualify for bonus depreciation? I am in the middle of a big renovation project and I am looking to maximize my bonus depreciation opportunities here. So far, I have kitchen, driveway, lan...
Steve N.
The Standard Deduction exceeds Itemization
I have 2 rental properties. I have mortgages on each and am depreciating each. I am taking deductions for everything including travel (relatively local) and meals, plus the obvious like repairs, cleaning, etc.
...
Jonathan Sheets
Mid-Michigan Rehab/Improvement Items
Bought first investment property as a duplex thanks to BP. Have some items if anyone in the area is doing an upscale remodel and is on a budget. I'm also looking for things to and open to networking. Mods sorry if not...
Miguelito Fernandez
Categorizing Items in Closing Documents
I recently bought a multifamily building and have to account for all the items in the closing documents on my accounting software.Loan Origination Fee =Appraisal Fee =Suits, lean, judgment search =Loan doc prep fee =...
Tzvi Nussbaum
Bonus Depreciation. Which items qualify?
I recently reviewed my taxes prepared by my CPA. I discussed with him the option of bonus depreciation. He asked for specific cost items. These included HVAC, roof, fire alarm and security system, cost of beds, furn...
Steven Barr
Tenant items covered in mold
Hi BP-I am a RE investor and also a tenant of a large apartment complex.I have lived in the apartment for 3 months and noticed today that A LOT of my items are covered in mold. Mainly clothes in my closet and shoes. P...
Linda Thomas
Itemized list for security deposit
Hello everyone, i have a question about sending the list with deductions to a tenant that was evicted for having more pets than permitted. She provided an 850 security dep upon move in and a non refundable pet fee of ...
Aaron Hunt
Are you #itemized in 2018?
How many BPers were able to make money moves in 2018, and stay itemized with the new tax laws and higher standard deductions going into effect?What were your big moves of 2018 which made sure it would happen?
Toben B.
Due Diligence items for apartments?
I finally have a small apartment complex under contract at a good price after a few years of trying to move up to larger units.Does anyone have a good due diligence guide?Thank you,Toben