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Hi all,I am planning to turn the current residential property (SFH, 4b/3.5b) into a rental since I am relocating to another state. I put 5% down 2 years ago (conventional loan with PMI), fixed interest rate of 2.875%,...
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I spent $16,444 renovating this 3-bedroom apartment at one of my properties.Here's the breakdown:- Kitchen faucet: $76- Thermostat: $30- Bathroom hardware: $34- Toilet: $94- SS stove: $250- SS microwave: $150- SS frid...
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My first rehab is set to close in less than 3 weeks.. I rehabbed the house and all repairs and costs were done in 2012. My question is for my taxes, do I need to do anything with my remodel receipts or anything for 20...
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I have read it is a good idea to have a cost segregation done I have found a few companies but what should I be looking for in a cost seg firm?
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Greetings. I see this question a lot and reading the discussions I am still unclear on what the best decision should be investment wise.Here is the breakdown of the rentalPurchased 3 years ago FHA for 164KInterest rat...
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Hello Great people of BP!I have a question regarding depreciated improvements on a rental property. I do have a CPA. But I just wanted to get a second opinion on my situation.
My first question: This past year I move...
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I'm looking at a deal to buy a triplex in Denver. Based on local cap rates it's nothing special, but if I took one unit for myself and rented out the other two via AirBnB, it would pay the mortgage and kick off 4-600 ...
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Greetings,
I am considering using my rental as an air bnb vice a long-term rental, it is a two bedroom and two full bathrooms ranch just under 1100 sqft. I have the following questions to ask for everyone who has or...
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I know, a lot people are gonna say--a lot of things...:)
I have been reading people's stories here and tried to understand how people would get burned on rental property investing when market crashed.
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I want to replace a fence and trim huge trees next to the home of a fixer I just purchased. I want to bring a landscape company for both soft and hard scape improvements. Do I need permission from tenant or do I just ...