If I purchase a duplex, live in one side and rent out the other, can I write off expenses associated with the tenant side of the duplex?

Hey BP,
I'm a newer investor looking to scale up, and something that seems to be throwing off my calculations are expenses that don't seem to match reality. Currently, I use the following numbers:
1) 10% Vacancy
2)...

Hello everyone,

I currently have a duplex under contract for 42k. I will be putting down 20% ($8400). I got a closing cost estimate from my loan officer for $5700. That seems really expensive for a 42k property, alm...

Ok, so I've been using the rental property calculator lately and reivaluating all my properties. I've also been using it to evaluate properties that Im  thinking about purchasing. Because of this tool I've shied away ...

Does anyone have any good spreadsheet or accounting tools for the small investor. (Currently have a 2-unit in my portfolio)? 

Hello, I would like to ask the experts about the typical or average operating expense ratio of strip center? Thank you, Sammy A. 

How do you conservatively estimate monthly expenses? Is there a “standard” percentage to use as a rule of thumb?
I’m looking at a 6 unit property and trying to do a quick estimate. (I realize this won’t be a substitu...

Hello everyone I am new to BP and this is also my first post. I have been reading a lot of posts and I must say this page is very informative.I am looking a software or an excel file that can help me in tracking month...

Hey so I haven't done any deals yet and I was wondering what people do when they budget on a monthly basis on their rental properties for Repairs,Property Management,Capex,vacancy...etc. Do they have checking accounts...

Ok lets say my i pay100 in taxes100 in insurance80 in maintenanceProperty manager 120Hoa 100Anual vacancy: 1,200Anual : NOL 7,200Rent: gross rent 14,400So my operating expenses are 50%?NOL 7,200 ÷ 14,400(gross rent) =...