Will Mejia
Just sold a Rental Property. IRS is going to kill my gains help!!!
30 August 2024 | 29 replies
If I remember correctly your burial plot is one thing they cannot take from you, a most recent example being Nicholas Cage's plot in New Orleans.
Damien C Hyatt
Need advice for Starting Investing Journey
1 September 2024 | 8 replies
But, as others have said, cash flow in this environment is tough and for new investors, they can be baited into cash flow now which means more difficult tenants, lower C to D areas, and expectant capital expenditures.
Abel Curiel
Househack NY: The Astoria, Queens 2-family market in 2024
30 August 2024 | 3 replies
Some of the main reasons are that operating expenses, acquisition costs, and capital expenditures take a substantial amount of any would-be profits.
Edwin Lopez
Managing gross income from business
21 August 2024 | 3 replies
Capital Expenditures (10-15% of Income)Rule of Thumb: Reserve 10-15% of your income for capital expenditures (CapEx) like roof replacement, HVAC systems, or major renovations.Why: Regularly contributing to a CapEx fund ensures you have the cash on hand for significant improvements or replacements, preserving the value of your properties.5.
Sherrie Wilson
Building an ADU.... cash-out refi OR am I missing something???
22 August 2024 | 5 replies
The expenditures occur long before any income.
Kent Kettell
Advantages and Risks of Leverage
21 August 2024 | 5 replies
This is really extreme for such a tight time frame... and cost us about $45,000 in capital expenditures.
German E.
HELOC - preparing to apply
18 August 2024 | 3 replies
What my accountant did is, she declared most of these as Capital Expenditures, then she turned around and depreciated them in one year per the 2017 tax cuts and jobs act.
Chuk Obiazi
Is wholesaling as easy as they say?
20 August 2024 | 24 replies
Like many (most) businesses it requires an investment of capital; money expenditure for ongoing marketing; management of operating, marketing and professional personnel; keeping accounting records and filing tax returns; established sales practices; constant monitoring of goals, budgets, and productivity; establishment and implementation of operational systems; and providing customer service.
Jonathan Weinberger
I bought 1.5M worth of property in Detroit... Here are the numbers.
22 August 2024 | 54 replies
Assuming you plan to hold these, you will have capital expenditures.
John ONeill
Maximize Your Profits: How Private Money Can Transform Your Real Estate Deals?
13 August 2024 | 2 replies
Calculate the After Repair Value (ARV), or the expected market value following repairs, and estimate the expenditures associated with those improvements.