Hubert Pruszynski
How do I find exact rental expenses
Hey, I've started looking around the real estate recently, I tried to analyse a couple but now the question has been going around my head which pretty much sums up to where would I find the information about the renta...
Bobby Bohren
Help with rental income and expenses logistics
Hi All! Quick question.
Do you recommend having two separate blank accounts set up with multiple properties under one umbrella? Basically one account for incoming rent and expenses, but the other for capex, maintena...
Dustin Sanders
Inlfation, Gas Prices, & Increased Travel Expenses
Has inflation, increased gas prices, and overall travel expenses impacted your bookings or future bookings?
Josh Walworth
When to realize expenses for a flip?
I sold a property in early 2022 that I purchased and renovated in 2021. Do I need to write off the renovation expenses in 2021 or do I wait and add those to my cost basis when I file for 2022? Thanks!Josh
Charles D. Smith
Due Diligence: Verify and Validate Operating Expenses
In today’s environment where prices are high and achieving targeted returns has become increasingly more difficult, every dollar saved is important. Investors should put a heavy emphasis on understanding all opera...
Caleb Croteau
Flipping or Wholesaling in this expensive market?
Getting to the plate first is KEY -- whether I'm talking about baseball or eating food. You need to be Johnny-on-the-spot in the real estate market, if your a new, budding investor looking for just ONE opportunity t...
Sabrina Sargent
How to separate personal from business expenses?
I am planning on getting a multi family/duplex and live in one of the units. Does anyone have advice on how to keep my business and personal finances separate. By that I mean what should I count as personal expenses a...
Michael Wagner
Student Loan Payments as a Business Expense?
With the recent change in tax laws and businesses including sole props now being able to set up a 127 education assistance plan and deduct student loan payments as a business expense. I was wondering if this is avail...
Ryan Kenneth
Pencilling in expenses with little building info?
Hey Canadian BP'ers,I need help penciling in expenses as a best guess before potentially making an offer on a building in Moncton NB that is larger than I've owned in the past. I have yet to walk the building (I've s...
Brandon Kessler
Paying for Personal Expenses with Business Income
Hi all - I have a few questions surrounding the idea of having an LLC or some other form of entity. For background I do not have one currently and only have one rental property that’s a single family home but am tryin...