Can I deduct a new water heater after the old one stopped working using the de minimis safe harbor? I have not found any reference for that.

I'm exploring the idea of buying a single-family home in South Austin and turning the garage into a self-contained living space that I would live in and rent out the main house. The idea would be to use that space as ...

Hi everyone. I've got a rental in Vegas and I need this valve replaced. The property manager has given me a bid from their preferred plumber, and it seems pretty high. Does anyone have a plumber they can recommend in ...

Hi All,
I’m in escrow on a place in the desert near JT. The sellers asked 40K over ask on a newly renovated house in a beautiful location. The inspection came back with some electrical & plumbing issues. I called...

My family's 3 unit prewar building in Brooklyn recently had plumbing issues and I'm debating renovating each of the bathrooms. The bathrooms are very narrow so I was wondering if there's a requirement to have a bathtu...

Hey guys! A little backstory that inspired me to write this post! I went on a call today to a house an women had been renting for the past 14 years. She claims to never go downstairs because of the stairs but she hear...

Hey there BP,Looking to purchase our first property (SFH) in NJ. This will be a live-in flip. It has 3 beds & 1 bath. We’re thinking of adding either a 3/4 bath or half bath as 1 of the projects. We’re looking to ...

For those investing in NJ - I'm being told that plumbing code says I am required to put washing machine hookups in both units of a 2 family that I am renovating. Is that true?  I called the city inspector and he sa...

What do you all think about buying undeveloped land and setting up ADUs to rent out? I'd only look at land that's at least connected to water and power and already has a septic plan in place.

Investment Info:

Townhouse buy & hold investment.

Purchase price: $114,000

Cash invested: $63,000

Our first buy, rehab, refinance, rent. Refinanced it for $218,000 in August 2022.

What ...