Hii just changed the roof on one of my rental properties. it cost 18K and insurance paid for it and i only paid 1.5K for deductible. do i just depreciate the 1.5K on my tax return or 18K?

My mom and uncle inherited family property when my grandmother died 10 years ago. My uncle has lived on the land his whole life including after inheriting--it's his primary residence. The land is comprised of a few ho...

I have a fixer upper house that my LLC now owns and am in the process of getting plans together and starting the renovation on it.  I would like to ideally sell the property when I am done with the property.  Im tryin...

Some of my rental properties already have appliances like refrigerators and dishwashers. I want to put into the lease that these units are just there as a courtesy, and the tenant is responsible for any repairs of re...

I'm looking at buying a 4-plex right now. After running the numbers and doing some pretty thorough research, this property appears to be a cash cow except for one little problem... there is only one gas meter, one ele...

I am looking at a triplex and a six unit. Both were converted from large SFH to multi family a long time ago. The landords currently pay utilities which I think is insane. I want to know if any of you have a rough ide...

I've owned a two-flat in Albany Park for about a year now. We've replaced the roof (18.5K, it was never torn off in 100 years) and redid kitchens and bathrooms. We're planning to replace our galvanized pipe with coppe...

Hi all. How do I deal with this tenant? They live on the first floor of a small ten-unit building.  You have to walk up several steps from the ground floor to get there. The laundry room is on ground floor.  The laund...

I need an Electrician to do a wire run and install a Bathroom Ventilation Fan. Appreciate any reliable folks you might have. 

For those of you that wanted to read the next installment, on real estate development, I posted it today. I hope it has some information that you'll find helpful. If you have any specific questions please post them, o...