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Join Date: Feb 2006
Location: Maryland
Posts: 22,281
Quote:
Originally Posted by wdfifteen View Post


I have wondered about this. Say you buy a $200k rental property at a discount, say $150k, because it needs a lot of work, then put $50k into making the kind of repairs listed in the OP, do you expense the $50k?
I was referring to OP's question which I inferred to be several hundred or maybe a grand or so in cost.
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Old 10-09-2019, 06:46 PM
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