Keith A.
Managing Expenses Outside Property Management System
I switched from managing my properties myself using a property management software to going with a property management company that uses their own software.The challenge I have is that all of the detail on repairs and...
Joe Taylor
Home modifications an Expense or CapEx?
I had situation this year that I'm not sure per tax code if the costs would be deductible or require depreciating.
Accessibility modifications, which could be wheel chair ramps, door widening, shower modifications. ...
Tina Allaire
Expenses by property - an accounting question
How do you keep your rental property expenses separated by property? I am trying to come up with a good system that doesn't require a ton of work on my part.Do you have a separate credit card for each property? Do you...
Masroor Ahmed
Fixed vs. Variable expenses - Property taxes
Hey folks. I current own in IL - 2nd highest property tax rates in the country. Like any business, in MF real estate, not all costs are the same. Meaning all else people equal, if you're looking at 2 deals, both 8% c...
Adam L.
Estimating expenses for low income housing
For a rental in a lower income area with a higher crime rate and higher rate of eviction should I estimate higher vacancy, maintenance and/or CAPEX?
Ernes Sahic
What are your Landlord-Paid expenses?
I’m wondering what you as a landlord cover for your tenants? Garbage, electricity, water, HOAs? What are the ones as landlords should we pay for and what are the ones tenants are responsible for typically?
Account Closed
Business Tax Question - Carry Over Expenses
Hi all,Thank you in advance to those who read this and offer advice.I started my business last year (2018) around June. I didn't make any money in 2018. I did incur expenses.1. Am I able to carry over the expenses to ...
Paul Bergagna
Bridgeport Cap Rates & Expense Assumptions
BP folks - What are cap rates for multi in Bridgeport? Looking for a range for turn-key and value-add properties. Also, what are some reasonable expense assumptions (per unit) for Gas, electric, water, sewer and ins...
Kassandra Ortega
Calculating for Attorney and CPA expenses
Hey BP! When analyzing a deal, where do you calculate for CPA and Attorney expenses? I know these expenses are not specific to an individual property, but they are an expense that would come out of overall cashflow. I...
Patrick Leitch
Expense ratios for multi family properties
I am working on coming up with a few ratios for a multi family property my company has.
I am wanting to establish the operating expense ratio, total expense ratio, and debt coverage ratio. The debt coverage ratio is ...