If you are setting aside funds for capex, taxes, insurance, or other expenses that don't occur monthly, transfer those funds to Savings each month and hold them there until it's time to spend them.

I'm a first time landlord and my first tenant moves in in 2 weeks.

However, there are times when actual costs are not available and a methodology must be selected in order to determine the estimate.

Any guidance would be most appreciated, so we can be better prepared for our tax returns next year.Thanks so much for your time !

During this time I read a Brandon Turner book and became very interested in RE.  

I'm a mother of an 8 and 11 year olds, my husband works full-time but I quit my job when we had my daughter and wanted RE investing to replace my income.

My sacrifice… no haircuts and no fast food. 1 job full time, 1 full time side hustle. 0 debt at the time other than student loans.

PMs and realtors want to use people they know that have been in the business and do a good job for them.

This deal showcases the power of smart investing and timing.

Be very careful with this as a first time project!