Understanding Repairs in a Rental Property: The BRA Method

Understanding Repairs in a Rental Property: The BRA Method. Accounting for repairs and expenses on a rental property is a topic that creates a lot of confusion. However, the IRS has set forth regulations that are very clear. I’m sharing a simple mnemonic device you can use to determine whether or not an expense can be written off immediately or capitalized over time. I’ll give specific examples, quote exact wording from the tax code, and share why I love making repairs on my rentals! Press play to learn more about the BRA Method!

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Ivanhoé Cambridge

Ivanhoé Cambridge develops and invests in high-quality real estate properties, projects and companies that are shaping the urban fabric in dynamic cities around the world. It does so responsibly, with a long-term view to generate optimal, risk-adjusted returns. Ivanhoé Cambridge is committed to creating living spaces that foster the well-being of people and communities, while reducing its environmental footprint.

OTHER VIDEOS

Analyzing Residential Real Estate Trends in July

video | July 19, 2023

Are you curious about the state of the real estate market in your area? Our July 2023 market update provides a comprehensive overview of the residential real estate activity in June. From inventory trends to pricing insights and sales performance, this short video highlights key data points that can help you navigate the market with confidence. Don't miss out on valuable information—watch the video now and stay ahead in the real estate game!...

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Local Demographics | Out-of-the-Box Location Intelligence Solution

video | April 12, 2023

Local Demographics provides up-to-date and meaningful insights into the population living around a location or in any defined area within the U.S. and Canada. This widget allows MLSs, brokerages, and end users to learn more about a specific location and its demographics. The new SDK exists as an out-of-the-box solution ready for implementation that requires minimal development and design effort. Using Local Demographics, real estate players can integrate and display information on their listing site to allow home buyers and renters to better understand the area where their property of interest is located....

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Digital asset management solution: Beyond Asset

video | February 27, 2023

Manage infrastructure operations by enhancing their data. Beyond Asset is the asset management solution that allows you to know and monitor your infrastructure over time in order to optimise their operations. From inventory to maintenance, via diagnosis, Beyond Asset helps you to manage your infrastructures by enhancing their data....

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Digital wealth management solution: Beyond Asset

video | February 27, 2023

Mastering the operation of infrastructures by enhancing their data. Beyond Asset is the asset management solution allowing you to know and monitor your infrastructures over time to optimize their operations. From inventory to maintenance, including diagnostics, Beyond Asset supports you in controlling your infrastructures by enhancing their data....

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Spotlight

Ivanhoé Cambridge

Ivanhoé Cambridge develops and invests in high-quality real estate properties, projects and companies that are shaping the urban fabric in dynamic cities around the world. It does so responsibly, with a long-term view to generate optimal, risk-adjusted returns. Ivanhoé Cambridge is committed to creating living spaces that foster the well-being of people and communities, while reducing its environmental footprint.

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