Let me know in the comments if I’m being a bit too nit-picky. I actually have different definitions of the terms repair and capital improvement than the ones used in this particular post. 🏠 When we’re talking about your rental real estate, a repair, from my perspective, is when you take something that’s in that unit or property you own and bring that thing back to a new or good condition, but it’s still the same thing. 🔧 A capital improvement is the replacement of the thing or the addition of
FacebookUplevel Entrepreneur
Let me know in the comments if I’m being a bit too nit-picky. I actually have different definitions of the terms repair and capital improvement than the ones used in this particular
Uplevel Entrepreneur. . Let me know in the comments if I’m being a bit too nit-picky. I actually have different definitions of the terms repair and capital improvement than the ones used in this particular post. 🏠 When we’re talking about your rental real estate, a repair, from my perspective, is when you take something that’s in that ...
48.4K views1 week ago
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