I just read this article here and I wanted to confirm the info-https://www.nolo.com/legal-encyclopedia/small-taxp...So, it sounds like I am able to write off some of my improvement expenses, as long as it is less that...

Hello everyone. This summer I did a BRRRR in Ontario and I'm wondering what I should do regarding claiming the renovation costs. I purchased the property at the start of July and renovated it until Oct 15th. In this p...

Is it possible to write off 100% of the repairs/improvements in the first year instead of taking it over a longer term? I put about $70k into a buy and hold this year and would like to write it all off. I understand t...

Hello BP,I just bought my first investment property and am learning a lot of tips and tricks because of you all, so thank you very much!What are the best improvements i can make to a rental property that i can write o...

Bought a duplex in May, it was to be owner occupied for a year, therefore it is my 'primary residence' however it needed much improvement. I have put about 25k of my own money into improvements, 10k in HVAC, 3k Window...

So I've been trying to get a commercial rental listing on a vacant unitthe landlord says that he may want to sell his building and that one of the most attractive parts about his building is that the purchaser can wri...

I am currently house hacking and occupy nearly 50% of the square footage. Our unit is also going to be the primary rental unit when we move out and will pull in the majority of the income. Our unit has been kind of ru...

Hi for those of you who do major value add apartments how do you expense most of these things.  I've heard on first year purchase you can expense 100% or some say only 50% for bonus or accelerating depreciation?Sectio...

Wanted to try Brandon’s intention journal, but it’s unavailable at the moment. Trying to make my own for now. Any favourite things that you have liked about yours?Trying to keep on task with remodel, portfolio growth....