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Hey all-I’m looking to purchase land in Minnesota for now primarily to plant a bunch of trees to offset my carbon footprint. But, as an investor, I also am open to renting it to hunters, or forest mgmt / replacement ...
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Long time lurker, first time poster. Struggled with what part of the forum to place this in, please feel free to relocate.I've had a rental for a number of years, bought it in 09' as a primary residence and converted ...
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I have a townhome in Chicago that i lived in from Jan 1st - June 30th, 2011. I had this property rented from July 1st - December 31st, 2011. I had a flood in August 2011 which cost me $15,000 out-of-pocket to restore ...
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This was a project I did with an out of town investor, the house is in Jacksonville, Florida and he lives on the west coast. Originally he was reluctant to buy the house. It was under contract 2x. He almost talked him...
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My parents recently had a refrigerator leak on the main floor and the water went down into the basement (in Northern Virginia). They're having a horrible time with the insurance company to assess and recommend reputa...
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Hello,We have a general question about recording for tax purposes HVAC replacement in a single-family rental property.
For the scenario below - is there an option to deduct the expense (fully/partially)?
Scenario:
...
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Investment Info:
Mobile home fix & flip investment.
Cash invested: $300,000
Purchased a vacant residential lot and a used 2004 Manufactured home in 2 separate transactions. Made necessary improvement...
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Hello rehabbers of BP!I'm looking to feature one of your flips in our next issue of BiggerPockets Wealth Magazine! Have you recently flipped a house? Do you have an amazing story behind the flip? Was it a screaming de...
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What does water in the crawl space mean? How common is that issue in Indiana? I am under contract with a property in the Idianapolis area and the inspection found a significant amount of water under the crawlspace (...
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Hi,
Just closed on a single family house in San Jose on a trustee sale. The owner was smoking inside the house so there a very strong odor. I have to take out everything anyway (carpet, kitchen, flooring, bathrooms e...