Miles Stanley
Does replacing electrical/rewiring improve home value?
Any thoughts?
My electrician is recommending that we rewire the entire house bc the existing wiring is copper but does not have a ground (built in 1968). We plan to BRRRR this one. He says it would improve home res...
Brett Robinson
Replace A/C Unit just for Efficiency
Hello BP community.
I have 3 rental properties in the same boat. They all have older A/C units. I would estimate over 15 years old. I am paying utilities on all my properties because I generally do short term rentals...
Daniel Blau
cost basis of a 1031 replacement property
I am shortly doing a 1031 on an investment property and really there's not a lot clear on how you compute the cost basis of the replacement property or properties. From best I can tell the cost basis for the new pro...
Stephen Gregory
Bonus Depreciation for a 1031 replacement property
Hey guys,Can you apply bonus depreciation for a replacement property placed in service April 2019?So quick background, the relinquished property was bought in 2016. We held onto it for a few years a did a like kind ex...
Kumar Gaurav
Broken shower knob ,should I replace everything?
HelloA shower knob broke in my rental most likely the cartridge is broken. I am wondering if I should replace the entire faucet with a new one and probably the shower too? Enter set is about 3 years old.How much it ma...
Brian Desaulniers
Need a window replacement contractor in Orlando?
Does anyone know of a subcontractor to replace the windows in a rehab? Not looking for the obvious big window companies that charge an arm and a leg for more or less the same work a sub could do.
Mark Forest
actual vs replacement cost for old home
In prior posts I have already described how a pipe broke and damaged my beautiful 1930s classic style rental. I was told I should have paid for.replacement value instead of actual value by some members here. My Allsta...
Saginaw Sankins
Replacing plumbing in Chicago without a permit
Hey All,I have a two flat that currently has galvonized steel plumbing and I want to replace it with Copper however my friend is a plumber and does phenomenal work and will do it for me for a phenomenal price as long ...
Mark Berge
Clean or replace carpet in rental property?
Hi all, this is my first rental property. The basement and master bedroom carpet I had removed and am wondering if I should also have the living room carpet removed because of the strong dog smell? Not sure if it will...
Matthew B.
Replacement Windows for Multi-Family Rental Properties
I have to replace 32 windows in 2 duplexes. I'm wondering whether to go with vinyl vs. aluminum, etc. I'm thinking I should get the double panes for the insulation (hot in Florida), but only the single hung (tenants d...