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Updated over 4 years ago on . Most recent reply

Mike Testa's profile image
Mike Testa's profile image
Mike Testa
  • Rental Property Investor
  • from Lakes Region, NH
  • Member since May 31, 2020
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Mike Testa's profile image
Mike Testa's profile image
Mike Testa
  • Rental Property Investor
  • from Lakes Region, NH
  • Member since May 31, 2020
Connect
Mike Testa
  • Rental Property Investor
  • Lakes Region, NH
0
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6
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General Landlording & Rental Properties

Tracking your expenditures

Mike Testa
  • Rental Property Investor
  • Lakes Region, NH
Posted

I learned some formulas on this site. Like what percentages to estimate for repairs and cap expenditures etc.   I have 1 business checking account and 1 savings account for my 4 family building.  I keep the tenants deposits in the savings account and the rest in the checking. Do you guys suggest that ?  How do you track (if you do) the separation of funds earmarked for cap expenditures, taxes , and repairs and all those separate categories?   

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