Of course they never found it and the city of Harrisburg eventually went bankrupt due to the massive expenditure of placing the official USA Today “#1 City in the USA” graphic on every police car, ambulance, uniform, fire truck, building, park bench, police dog, memorial statue, lamppost, street light, crossing guard, trash truck… you get the point.

(Typically about $800 or more depending on location and floor in the nicer properties) So even if you pay for your condo in full and own it, you still technically have another high cost expenditure every month regardless.

Run the deal through the calculators, accounting for vacancy, repairs, capital expenditures, and property management fees.

It never hurts to have extra cash-flow or maintenance or to save for capex expenditures.

Hi everybody-Im attempting to figure out a rough number to incorporate for expenditures.

I'm wondering about using the rule in 26 US Code 190 to expense, instead of capitalize, costs to improve accessibility, whether it's ramps, widening doorways, etc. The code states I have to make an election to make th...

Is this 2% of the costs that factor things like repairs, capital expenditures etc.?

In the past I have done my own taxes, but in 2016 I sold my deceased mother's home and purchased a rental property at the end of the year (no income source for 2016, just expenditures).  

Do you have to reserves to cover any unexpected capex expenditures?

no capital expenditures?