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...

This is for my home that I'm renovating at the moment, not a rental. Just so we're clear.I want to put in a set of high ceiling lights, but going 12v led rather than full blown 110v downlighters. There will be about 6...

Hi. I'm considering making an offer on my first REO. I'm having a contractor come out to take a look and give me an estimate of what it would take to get the CO and make it tenant-ready. If the numbers are reasonab...

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...

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 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...