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To charge or not to charge, that is the question...
I'm trying to be less empathetic when it comes to most business decisions. I also try to enforce the lease as letting things slide is a slippery slope. I wondered ...
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Hello all, I am working on my first warehouse site to convert to self storage and have been on youtube and learning about this asset class. I'm having a bit of difficulty putting together a list of monthly expenses t...
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Hey everyone,After researching a few markets throughout the country Omaha was one of our favorites so we're planning a trip to visit in Jan 2018 (would love to meet you guys at Collin's meetup if there is one). I'm po...
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My 3 family purchase is almost ready to rent, just over 6 months renovating. I understand "Make-rent-ready costs are not deductible." My question is what expenses along the way are a deduction this year? Property taxe...
Hi, I am looking for accounting software with some specific features. I don't know if it exists, but would love some feedback - do you know of a solution that does this? If not, how are you managing these issues?1) I ...
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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...
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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...
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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...
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Hello all,Ive recently purchased a duplex and while I know what's deductible for a rental...or has been in the past since the tax reform may have changed all that ( i better study up).....how does this work with a hou...
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Im looking at the possibility of purchasing a home in a well known historic district in Detroit. The market is very hot right now with homes in that neighborhood bringing in multiple offers on the first day of the lis...