All Forum Posts by: Eric Klug

@Marian Smith Thank you for the pointers! This will be very useful. Hoping to have everything done and rented this fall. Fingers crossed!

Thank you, @Brian Boyd !

@Natalie Kolodij Perfect! This is exactly the type of advise that I was looking for. I’ll have to get things organized. There have been a few trips to Home Depot, over the years.

Thank you!

@Anthony Angotti thank you for the referral!

Sounds good, @Gary Swank. I’m planning on keeping it as a single family home, so zoning isn’t an issue.

Thanks @Will Fraser.

Hello! I’m Eric. I purchased a 6 bed 2 bath with the intention of living there. I started a whole rehab, and plans changed, so it’ll one day become a rental. The problem is, the project is going on year 5.

How might I account for these expenses on my taxes if I don’t have income coming from the property? Being that I haven’t done anything with taxes yet, can I count items from previous years (i.e. new roof, insulation, electrical)?

Thanks for the help!