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Updated about 6 years ago,
Are you using the 50% rule for expenses?
Good morning BP Family!
Are you using the 50% rule for multi-units, 5 to 15 units, for expenses? I'm noticing that heating and hot water in places like Pennsylvania, New Jersey, New York, Chicago, Ohio, are a large part of those expenses. If you're able to pass those expenses to the tenants(wherever possible of course) aren't you seeing those expenses dramatically decrease?