Lynn Green
Depreciation or Expense
I spent $20,000 on replacing decking front and back. It was Trex , which is supposed to be lifetime warranty, that is another issue. Also, we replaced siding on the East and West side of the house, which was another $...
Todd Koch
Landlord Expense Formula?
I am a newbie to this forum and looking for my first rental in GA. In order to use the 50% rule, it would help if I knew a rule of thumb formula to figure out my 50% expense ratio. Can the community help by providin...
Andrew Yu
Expensing vs Capitalizing
I have questions on whether I should expensing or capitalizing my costs on remodeling a property. I feel expensing is always a better option, since it deducts the overall taxable income to the most amount immediately....
Alex Natanson
Capitalizing flip expenses
I'am relatively new to USA flipping business but have a strong experience in other countries with a different kind of accounting/tax systems . I have looked through the search but have not found something correspondin...
Michael R.
Monetizing Expensive Leads
Hello All,I'm in month two of a 6 month direct mail campaign in my area and the calls have been rolling in. Home values are all across the board, and it seems like a waste not to monetize the expensive listings that ...
Michael J.
Wholesale business expenses
Another general question :)For those that have serious wholesale businesses, in your opinion what percent of money do you spend for all your expenses, marketing, selling, equipment, office supplies, gas etc. etc., not...
Larry Flanagan
Car wash expenses
I'm looking for typical car wash expenses for a 4 bay manual + 2 automatic property built in late 80s. Insurance, maintenance, utilities, management, supplies, etc. Per bay/wash/SF/% of gross, whatever.
Joel Palmer
Apartment Complex Expenses?
Hey guys!Trying to do some research on what the expected number for an apartment complex would run. I've run across a deal that has gotten me thinking, but I don't have a lot of solid numbers in my mind. I doubt I'l...
Brandon Weigel
Average Multifamily expense
Hello, I am new here and had a question I am hoping to get some answers on. I recently reviewed some details on an 8 unit property and I am curious what everyone averages for expenses on smaller Multifamily apartments...
Nathan Worden
Estimating Operating Expenses
I'm looking at purchasing a rental property and I was wondering where people find information on costs such as water/sewage. Do you go to the city or contact the water company to get numbers for this? Or do you make a...