Kyle Fitch
I’m Not Fast Enough
28 September 2024 | 12 replies
These are just a few items that may not necessarily jump out to you in your excel spreadsheet but are often realities of owning a condo.
Scott K.
Can travel expenses be tax deductible?
25 September 2024 | 9 replies
If you brought your spouse and 2 kids with you, and you could argue all of your argue of your time on the trip was looking at real estate, and your personal business and activity circumstance defends being able to immediately deduct it and not treat it as a start up cost... likely 75% of much of the travel costs (airfare, food, etc) would be non-deductible.
Vi Huang
Tenant Keeps Making Maintenance Requests
27 September 2024 | 11 replies
Hopefully, your lease says the tenants cannot modify the property without your permission.Some of the other items could be ordinary maintenance requests or something you are just stuck with.
Jason Turgeon
Real Estate Accounting Winner: REIHub
29 September 2024 | 13 replies
It is "possible" to apply classes to almost all of these items but since we have chart of accounts for different buildings even within an entity our chart would look crazy.
Brandon Becsi
What if I have too many deals?
24 September 2024 | 12 replies
Just my food for thought here
Darrick Lowe
How to split heat and hot water amongst tenants?
27 September 2024 | 14 replies
The new boiler, all associated work, and extra items were around 7500 including permits and inspection.
DeAndre Mason
Cash Out Refinance
26 September 2024 | 3 replies
Might be a little lower than a purchase, but you will still be paying lender fees, title fees, escrow fees and prepaid items.
Gp G.
roof when to replace
26 September 2024 | 4 replies
Also, leaks cause damage to the drywall and other items.
Shane Roberts
Advice on Mountain Home STR Necessities
21 September 2024 | 10 replies
This got me thinking there are probably other items we need to upgrade in a mountain STR.So here's my question for those with experience in the area: What other items or upgrades do I need in a mountain home STR that are not obvious to a newbie/city dweller?
William Strom
Are Condominiums a good investment
26 September 2024 | 7 replies
Sometimes the HOA can cover capital expenses like roof and exterior, so that can help cash flow as well, but the HOA might increase the dues when they have to pay for capital items.