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Updated over 3 years ago,
Calculating Capital Expenses
When calculating Capital Expenses in a rental property without doing rehab, let’s say your driveway will last 5 years($5,000), roof 3 years($4,000) and you decide to rent it out, after you replace it will you have to recalculate Capital expenses on the property to see how much you will now have to allocate monthly for those expenses?