When contacting a listing agent for a property that is for sale, is there "proper etiquette" to request a list of records of both cap expenditures and normal utility expenses?  

So, if you don't include the cost of repair into your purchase analysis, big ticket items like that can kill your cash flow and destroy whatever budget you have for capital expenditures. 

TREATMENT OF DEBT OF OWNERS OF PASSTHROUGH ENTITIES ALLOCATED TO EXPENDITURES FOR CONTRIBUTIONS TO OR PURCHASES OF INTERESTS IN SUCH ENTITIES (DEBT-FINANCED ACQUISITIONS)A.

Do you see any limitations on how the funds are used during the corse of the process.And is there any issues with the SDIRA for misc activities or would it have to be structured so that the title company only handle particular bulk expenditures or holding cost payouts.

Stessa is a free web based service that can also track depreciation for you as well.Something like this: Depreciation and Capital Expenditures 410 Pacific Item Property Closing Flooring Appliances Remodeling Windows In Service 2020- March 2020- March 2021- Mar 2021- Feb 2021- Oct 2021- May Basis $ 37,419.00 $ 965.60 $ 5,712.00 $ 2,920.00 $ 7,720.00 $ 3,800.00 Recovery 27.5 yrs 5 Yrs 5 Yrs 5 Yrs 27.5 yrs 20 Yrs Convention MM / SL MM / SL MM / SL MM / SL MM / SL MM / SL Year Total Land ($9,355) 2017 $ - 2018 $ - 2019 $ - 2020 $ 1,246.27 $ 1,077.29 $ 168.98 2021 $ 3,241.54 $ 1,360.55 $ 193.12 $ 999.60 $ 511.00 $ 58.52 $ 118.75 2022 $ 3,750.77 $ 1,360.55 $ 193.12 $ 1,142.40 $ 584.00 $ 280.70 $ 190.00 2023 $ 3,750.77 $ 1,360.55 $ 193.12 $ 1,142.40 $ 584.00 $ 280.70 $ 190.00 2024 $ 3,750.77 $ 1,360.55 $ 193.12 $ 1,142.40 $ 584.00 $ 280.70 $ 190.00 2025 $ 3,581.79 $ 1,360.55 $ 24.14 $ 1,142.40 $ 584.00 $ 280.70 $ 190.00 2026 $ 2,047.05 $ 1,360.55 $ 142.80 $ 73.00 $ 280.70 $ 190.00 2027 $ 1,831.25 $ 1,360.55 $ 280.70 $ 190.00 2028 $ 1,831.25 $ 1,360.55 $ 280.70 $ 190.00 2029 $ 1,831.63 $ 1,360.93 $ 280.70 $ 190.00 2030 $ 1,831.25 $ 1,360.55 $ 280.70 $ 190.00 2031 $ 1,831.71 $ 1,360.93 $ 280.78 $ 190.00 2032 $ 1,831.25 $ 1,360.55 $ 280.70 $ 190.00 2033 $ 1,831.71 $ 1,360.93 $ 280.78 $ 190.00 2034 $ 1,831.25 $ 1,360.55 $ 280.70 $ 190.00 2035 $ 1,831.71 $ 1,360.93 $ 280.78 $ 190.00 2036 $ 1,831.25 $ 1,360.55 $ 280.70 $ 190.00 2037 $ 1,831.71 $ 1,360.93 $ 280.78 $ 190.00 2038 $ 1,831.25 $ 1,360.55 $ 280.70 $ 190.00 2039 $ 1,831.71 $ 1,360.93 $ 280.78 $ 190.00 2040 $ 1,831.25 $ 1,360.55 $ 280.70 $ 190.00 2041 $ 1,712.96 $ 1,360.93 $ 280.78 $ 71.25 2042 $ 1,641.25 $ 1,360.55 $ 280.70 2043 $ 1,641.71 $ 1,360.93 $ 280.78 2044 $ 1,641.25 $ 1,360.55 $ 280.70 2045 $ 1,641.71 $ 1,360.93 $ 280.78 2046 $ 1,641.25 $ 1,360.55 $ 280.70 2047 $ 1,244.69 $ 963.91 $ 280.78 2048 $ 280.70 $ 280.70 2049 $ 81.91 $ 81.91 2050 $ -

If you are rehabbing/fixing up a place to rent, those are capital expenditures.

To me, regardless of the IRS definition, CapEx is primarily large individual expenditures such as kitchen or bath reno, roof, new siding, exterior paint, HVAC replacement.

For an inspirational read CHECK OUT (not buy, go the library) "Rich Dad, Poor Dad" - Once you understand how to "mind your own business" the rest will follow.Step 1: reduce expenditures as far as possible.

Past operating expenses (cash expenses) will be assumed to be similar going forward unless you had large capital expenditures that are one-time in nature (new roof).

I bought my first rental property last year and I am trying to write off as much of the expenditures as I can.