Matt F.
how do you determine actual vacancy expense?
i have a one month vacancy between previous tenants and new tenants - how do i determine (for tax purposes) my vacancy expense during this time frame ? is it simply the foregone rent because the property is empty in ...
Al Williamson
Want $12,000? The $100 Expense Reduction Challenge
You can boost your equity by reducing expenses - but will you try?
Help fill the Innovation Shortfall by accepting my dare to reduce your rental's expenses by the equivalent of $100 per month AND providing supportin...
Tony White
What's the real deal on property expenses?
I am thinking of buying a duplex close to my existing home. The deal seams ok with a little cosmetics (paint, gutters, lawn). I've ran the numbers and they seem good with plenty of room for cash flow. My question is...
Taylor McMullen
Purchasing Rental Properties in an Expensive Marketplace.
Hello everyone, I am wondering if anyone has any experience investing in expensive market places? The 20% down payment can be a real challenge when the average property is $650k+It can be very tricky, especially for y...
Stephen Brown
What are your general guidelines for expenses?
Hello all,I know that expenses vary on several factors and are different for every property. For example, you got to call an insurance agency to get a quote, rehab and maintenance will be different based on age, size,...
Paul Haviland
Option Fee - Tax Accounting (Expense or Depreciate)
Hi Everyone - My question is in regards to tax returns. I'm interested to better understand if an option fee, for a property you successfully close on, is an expense, or somehow added to your basis and depreciated. ...
Account Closed
Suggestions on app for tracking expenses/miles?
Hello, Does someone have any suggestions for an app/software for tracking expenses/miles for a rehab? Also if I purchase something to be used for the rehab from an individual, do I need to ask them for a receipt for t...
Charles Wiegert
Expense and CapEx Set-Aside Fund Amount
How much do you leave set aside for your property for expense or capitals. At what amount or percentage do you stop saving expense and capital funds, if ever? What is your plan for emergencies? if you have a couple pr...
Darius Lipsey
First potential deal needs expensive value adds
Any advice on adding value to a multi family that's technically move in ready, but being underutilized? Considering house hacking a small multifamily that is currently fully occupied with month to month tenants. Finan...
Bill Tereschuk
Travel expenses for out of country investor
I am a Canadian, and have already established a LLC in Nevada and I would like to get some advice as to how I should claim my travel expenses to and from Canada-Nevada. I have been told that I can only claim the actu...