Faycal Bouab
Is it possible to write of expenses without invoice?
hi BP members,I am furnishing a rental property and I was wondering when I buy furniture new or used not from a store without expense, can I write it of? You can find new for discount price furniture on Craiglist. If ...
Ben Holloway
Seller can't produce repair invoices on 30+ complex, worrisome?
Hi all,Quick question for the folks on the multi-family BP forum here. I'm a relatively new real estate investor with a few single families and a few smaller multis (sub 4 units). I have aspirations to move into large...
Aariff Kadar
contractor - wrong diagnosis - sending invoice for no work done
I had a water leak during rain through a kitchen vent. I had a construction company (i think he is not licensed, never provided his license and nothing available in his invoice) for estimation and received quotation a...
Ryan Kenneth
Do I need maintenance invoices from PM for taxes?
Hey all,A few months ago I bought a 3 unit out of province which means I'm now using a PM for the first time. They set me up with Buildium which shows a ledger with all the maintenance items they performed and how muc...
Ed Chiu
Travel expense deduction question - invoice date or travel date?
Hello,I just purchased my first rental property in Dallas, Texas and I am hoping to get some insight about the travel expense deduction question. The goal is to deduct the travel expense instead of having it as part o...
Charles Thompson
Contractor invoices WAY over estimate....what can I do?
I'm here asking for some advice about a problem I'm having with a "contractor" I hired to rehab a flip. I'll post a follow-up with more detail, but the gist of it is I signed a contract with who I thought was a licen...
Chris Smith
Landscaper submits final invoice 35% over estimate without notice
Hello,We had some landscaping work done. We signed an estimate that was part contract labor and part fixed fee. Total project 3.68 days, 1.68 days for the contract labor. The main terms roughly say "Contract Labor ite...
Jason Riddle
Invoice Expense Dates - Use billed date or paid date?
I'm trying to understand what date to use for categorizing expenses, I have the following example.Say someone sent me an invoice for work done on December 30th, 2022. I'm not able the pay that invoice until Jan 1st, 2...
Pavel Sakurets
Does anybody know best & automatic way to accept rent from tenant
Hi, does anybody know what can be done to accept payments from 40 tenants electronically and automatically?I have a lot of tenants and changing a property manager. My accountant deposits checks in the bank, but this i...
Rhonda Nelson
How to calculate Tenant's Monetary Responsibility of Wall Damages Requiring Drywall
Tenant moved out and left countless large wall and nail holes / baseboard damage / drywall tears due to adhesive removal, etc. I had to paint the entire house due of the multiple areas of damage. How do I calculate ...