Eric DeGray
Want to make improvements, but tenants schedule makes it hard.
I recently bought my first rental property. A 2 family home in Springfield MA area, and it came with 5 year tenants that do not plan to move anytime soon. My question is based on my desire to get into the units and be...
Arthur Banks
House hacking - improvements out of my pocket or rental income?
I'm currently "house hacking" a 2 unit. I was planning on staying only one year before moving on to the next to repeat. But I may stay another year. Anyway, the question is since this is my 'home', I want it to look...
Eric Gutierrez
Inherited a tenant who did some improvements prior to purchasing
Hello,I recently acquired a property with a tenant already in place. This tenant has lived in the unit for 10+ years. The tenant (prior to my ownership) replaced a few light fixtures and put new flooring into the li...
Andrew Pettit
Can I Deducting Capital Improvement on an Owner-Occupied Property
Evening,
Can my parents deduct major improvements that were made on their owner-occupied property? Their AGI is $82,000 on tax YR 2022.
Faith Woodward
Bought with cash, don't have enough left for big improvements
We recently bought a house that was built in 1950 and remodeled in the 70s for 78k cash. The market value for a house this size in this neighborhood that has been improved is around 135k and it needed about 4k for ba...
Alex Silang
Cash out refi, how can I improve the appraised value?
I own two triplexes. I'd say they are in C/D areas (several tenants are on housing assistance.)What can I do to improve the value of the houses? I asked my manager if I could convert the basement and attics into units...
Ally H.
Need Advice on How to Improve Curb Appeal (Pictures Included)
Aloha! We're considering transitioning our primary home into a rental and need advice/ideas on how to improve our (older) home's curb appeal. We're not looking into turning it into prime flipping condition, but we wan...
Dennis C.
How should I improve my current rental property business structure?
I live in Phoenix, AZ and was able to score a great deal on a foreclosure home for my primary residence back in 2009 as a result of the housing market bubble burst a few years earlier. What the market bust also meant...
Ryland Taniguchi
How To Improve The Inner City - The People's Hedge Fund
My wife taught elementary in a rough area in Tacoma and in a privileged area in Wallingford. In Tacoma, the elementary kids had to duck under desks as they experienced a drive by shootings. Kids are joining gangs in t...
William Collins
For my 6th BRRRR : 30,000 improvement to net 6000 cashflow?
Here is the situation. Older (1900) duplex, over under- where the 1st floor had a significant expansion (300 sq feet). The property is currently a 2 br 1 bath per floor unit, but due to size the first floor would ne...