Can you deduce the amount you pay as rent as a business expense?

@Parris EdwardsMarket CompsEconomic IncomeKnowing what the expenses should be for that particular marketContractor labor costand NEVER use pro-forma numbers given to you from the seller

it may come out against your DTI, when they look at your bank statements you will have to disclose the expense. 

So, an offer below fair market value coupled with the fact that he is living for free and selling the property means he suddenly incurs rental expenses, could be called disrespectful.

Purchase price: $300,000 Cash invested: $15,000 Bought this house purposely close to a college and lived in one bedroom and house hacked the additional 4 rooms, Dropping my house expenses down to approx 200/month.

It is SO expensive to live in this area!

If the installation fee and delivery fee are higher than shipping and labor, I will charge the tenant for installation and delivery given I wouldn't have had these expenses if the tenant had not cracked the glass top in the first place.

There are a couple that this will be big for and others where properties are already expensive.

Ask the seller to provide you with the property numbers, Income/Expenses current and the trailing 12 month's numbers, what did the property do last year, this will give you an idea if the property is heading in the right direction.

Very little expenses!