Last year, we spent $15K fixing a flooding issue in our rental's crawl space. We hired Company A (an emergency flooding company) to pump out the one foot of water and remove all wet/moldy drywall at a cost of $5K. A c...
Hi all,We have a growing portfolio of small multi family properties in a nearby city. The area has been historically blue collar, but is experiencing some gentrification in recent years. These particular buildings h...
I have 3 adjacent properties in the Los Angeles that are going to be in an Opportunity Zone.One thing I cant find is how to go about finding funding from Opportunity Funds if I want to re-develop the land. Is this som...
I buy single family residential homes and usually spend between $5K-$10K rehabbing them into rentable condition before placing tenants in them. It includes anything from painting to replacing light bulbs to hangin...
I am trying to get a handle on the new taxes codes in regards to expensing versus capitalizing and depreciating. I have heard that the new laws basically state that "replacing" something such as a roof, AC unit, etc i...
What would you do to help reducing your taxes with your rental property income ? we have more income from our rental homes this year which is a good thing but other hand we will pay more taxes next year. Any thought. ?
Just wondering how a potential lender would account for improvements done to an investment property. Do they count them against income for the year just like repair expenses, do they not consider them at all, or mayb...
Communicated some recommended suggestions to moderators. But wanted to make sureKey is do a comparison of Bigger pockets versus other forums to identify improvement areasYour first response will be to dismiss the exam...
If you could buy two separate but adjacent 4plexes or 1 8-unit, which would you do? Assuming they are both in good areas. I am just wondering how the financing affects cashflow (talking about a conventional resident...
I'm getting a cost segregation done on my cabin in the smokies. I'm filing out the information and I'm unsure of a question.In terms of non depreciable land value in the area, is a dollar amount or percentage allocati...