Yes, this charge can be expensed (to my knowledge) under professional fees.Lastly, your $2,500 question refers to the expensing of items under the de minimus safe harbor rules.

John De La Garza,Essentially, my friend needs to me to learn 3 and 5I should have clarified.. my goal is to be finical analyst recent college graduates with a passion for Real Estate and Finance.

@John Warren thank you for the advice, I am looking to house hack in Delaware right now, I have a small family so I need a little more space than whats available in the city.

With Philadelphia, Delaware, and the Jersey Turnpike and 295 running right through, it leaves a lot of potential for renters.

I had estimated gross rent at $4800, but actual rent is $4400.Large 3 bed (estimate $1400), actual $1400Small 3 bed (estimate $1300), actual $12002 bed (estimate $1200), actual $10001 bed (estimate $900) actual $800Original Post for 1st Quadplex Newport, DE Part 1 below:Jack Clough Investor/ Licensed Agent from Wilmington, Delawareposted about 1 month agoLast November, a partner and I purchased a quadplex in Newport, DE for 40k after negotiating directly with the owner who was way in over his head trying to rehab by himself (much more to that story...).This was a complete gut job of 4500 sf.

I've never installed the metal roofs, but plan on going to metal when I need to do a roof replacement next (except on my personal house, that thing is getting a tesla solar roof lol). 

I recently engaged an owner that posted his 5 unit property for sale as a FSBO. He wants $395k for 5 units. the gross monthly income ranges from $500-585/mo/unit...it averages to about $567mo per unit. Total gross ren...

Jorge De Jesus actually no!

 @Jorge De Jesus and @Johnathan Mark I will be there as well and looking forward to it!

Jorge De Jesus put together a small, informal meetup this saturday in the Katy area if you are interested.