All Forum Posts by: Hoang Nguen
Hoang Nguen has started 10 posts and replied 20 times.
Post: Question about depreciation for remodeling of rental house

- San Jose, CA
- Posts 21
- Votes 2
Dear All,
I added two more rooms to current rental house. The remodeling was finished on November 2017 and Tenant moved in these two rooms on December 2017. Below is the list of items in the contract with constructor.
Could you please let me know, which items I have to depreciation 27.5 years and which items I can depreciation for 15 years or less?
Demolition and excavations |
Foundation |
Plumbing |
Framing |
Electrical |
Stucco |
Drywall |
flooring |
Painting |
Finishing (light, bathroom, doors and windows) |
Roofing |
Landscape |
Thanks,
Hoang
Post: W9 and 1099 form for contractors

- San Jose, CA
- Posts 21
- Votes 2
Thanks a lot Michael
Post: W9 and 1099 form for contractors

- San Jose, CA
- Posts 21
- Votes 2
Thank you for your quick response.
The remodeling was done. I can not get SSN from contractors, But I have invoices and receipts. Do you think, it works for IRS?
Thanks
Hoang
Post: W9 and 1099 form for contractors

- San Jose, CA
- Posts 21
- Votes 2
Dear All,
I have one rental house that is not in an LLC. Last year I remodeled this rental house. Total remodel costed about $164k. Do I need to have w9 from contractors and issue a 1099?
Thanks
Hoang
Post: Looking for an experience CPA in San Jose, CA

- San Jose, CA
- Posts 21
- Votes 2
Dear All,
I am looking for CPA with real estate investment experiment in San Jose CA. Please let me know if you know any body?
Thanks,
Hoang
Post: Cracks on outside wall

- San Jose, CA
- Posts 21
- Votes 2
Thanks Tyler!
Hi Antonie,
I scheduled with my contractor to check it this weekend.
Thanks,
Hoang
Post: Cracks on outside wall

- San Jose, CA
- Posts 21
- Votes 2
Post: Tankless water heater

- San Jose, CA
- Posts 21
- Votes 2
Thanks Kerry and James!
Post: Tankless water heater

- San Jose, CA
- Posts 21
- Votes 2
Dear All,
I need to install a tankless water heater for rental property. Should I buy the indoor or the outdoor tankless water heater?
Thanks,
Hoang
Post: San Jose Meetup - Friday 4/21/17

- San Jose, CA
- Posts 21
- Votes 2
Thanks Johnson,
My wife and I will be there.
Hoang Nguyen