Marcus Auerbach
Expensive Window Replacement - Is This Acceptable?
We are under contract on a nice house with brand new windows. At a cost of nearly $4,000 per window, I am not sure how I feel about their caulk job: they replaced the old oak trim and installed new white trim and whil...
Kaylee Walterbach
Is HELOC interest a deductible expense?
Hey! I used a HELOC for property expenses. Is the interest on that HELOC a deductible expense against that property's income?
Tzvi Nussbaum
Excess Business Interest Expense 163(j)
I recently reviewed my tax return for 2018 prepared by my CPA and noticed that the amount deducted this year for depreciation was significantly less than years prior. He used the Excess Business Interest Expense form...
Aaron Knoll
Buying an expensive home in Utah
I'm interested in getting into SLC area real estate investment, and would greatly appreciate advice from those who know the area. 1. Is now a bad time to buy in the SLC market, in general?2. I have an offer on a nice ...
Dan Arcaro
Smartphone app to easily track expenses
I'm a novice real estate investor with 3 rentals and have done about 5-10 flips over the last 3 years. One of the biggest problems I have is that I'm not very good at tracking every expense, and associated them to e...
Michael J.
Is cash really king? taxes, expenses...
I really like the idea of paying all cash to get a better discount for properties but the main thing I am concerned about is are there any negative effects like more taxes when you sell the home? Or if you pay cash fo...
Shane Pearlman
Planning for Capital Expenses (Reserve Study)
As we are looking to be at 15-20 doors this year, I'm starting to examine how much we should really hold in reserves. The biggest part of that is determining our capital expenses for replacements as things age + any i...
John Upperman
Best Tool For Tracking Flip Expenses
Any advice on the best way to track expenses? I started a free trial of Quick Books, but it it is completely intuitive (or I'm just slow). Maybe I am over complicating the process and just need to have a running spr...
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PDF showing the allocation of expenses?
I saw on the forum a PDF that showed how the 50% of expenses was allocated, but I can not seem to find it using the search feature and was wondering if someone knows what I am talking about. I have a friend that is b...
Steve Hoghe
Operating expenses for Texas apartment complexes
Hi BP, I am looking to benchmark operating expenses for a portfolio of large apartment complexes throughout Texas, specifically in the Houston, Fort Worth and and San Antonio markets. The portfolio in question is a se...