The net worth impact from a rental is calculated by taking the value of the underlying asset (a home worth, say, $500,000) and subtracting the liabilities held against the asset (ignoring retained earnings).

And of course you would need to take the amount of your mortgage at the time you began using the HELOC to pay it down, and compare that with the total of your mortgage balance, your HELOC balance, and subtract the increase in your cash on hand.

If I calculate my actual cap rate after 6 months by using their convention (Subtracting insurance, tax, property management from gross income) numbers match, thus I am getting what was promised on my proposal.

So when you subtract that off you are now only paying $1800/mo in housing instead of the current $2500.

With sub-meters, the LL/PM will need to manually calculate usage of the secondary unit to subtract from the primary utility invoice to bill both tenants properly each month.

Subtract closing cost and there is no profit to pay capital gains on which means the 30k is tax savings from previous years that you now have to pay back.

Yes, I know to subtract the expenses from the gross rent, as my calculators have me do so, but my original question still remains - do reno/upgrade costs count against cash flow when calculated at the time of purchase but executed during the first 6 months of ownership?

so again wholesaling is only a method in the big world of real estate and it’s part of real estate a big part of it actually so it’s best not to just ignore it it’s like knowing everything about math but you never learned how to subtract but you know how to divide you know geometry and you know how complex trigonometry but you don’t know how to simply subtract that is almost equivalent of ignoring the art of wholesaling real estate.

This means that many insurers depreciate the cost of the asset and subtract that from the reimbursement for a claim as compared to just replacing the full cost.

Can ALL of this be subtracted from tenant's deposit?