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Updated over 5 years ago,
CAPEX vs. Repairs - I don't understand the difference
Hi there! I am on my second read through of Brandon Turner's book - "The Book on Rental Property Investing" and as a result, I am taking a deeper dive into the topics.
One thing that I don't understand right now is the difference between repair expenses and CAPEX expenses. The table in the book in the section talking about CAPEX lists things like water heaters, appliances, windows, paint, etc. How is this different from repairs?