Posts Tagged ‘made’

I am planning to rent out my house. I have made considerable renovations to the property. I was told that I could write these home improvements off when my house becomes a rental prop. What I am not clear on is whether I can write things off if I am working with a property management company or if I must manage the property myself. I am not sure if there is a difference.

I would appreciate any clarification on this from people in the know! I want to be assured that I can write off these improvements, as it exceeds $25,000 at this point. Thanks.

Is there still money to be made in flipping houses? Have you tried to flip a house recently? How much money did you make after it was all said and done? Which market were you in?