Cynthia DeLuca
Accounting help to allocated expenses to each property-
I am looking for ideas on how you allocate different expenses between different properties. I am property managing my properties and currently have 31 of them, so I'm not getting a cash flow report from a property man...
Brandon R Klassen
How to enter an expensive market? - Austin TX
Hi Group - I am new to real estate investing but purchased my first unit last year. Its a single family home currently being rented out. I live in Austin TX and the real estate here is pretty expensive. For example, ...
Phillip Poyhonen
[Calc Review] Do my expense estimates seem off?
Hey All,I'm new to real estate investing and still trying to learn how to accurately estimate expenses prior to reaching out to a realtor. I have a lot of interest in the Phoenix market, but most of the deals I've loo...
William Dubinsky
Saving for expenses vs for the next property
I'm wondering when it's a good time to stop setting aside money from monthly CF and start setting it aside for the next property. Any recommendations or schools of thought on this?
Drew T.
First time invetstor, single family home expense question
Hello all and thanks in advance. I've posted on another forum, not necessarily a forum for REI though and got mixed answers. I've done some research but also get mixed answers, so please set me straight.I've researche...
Austin Seth
Renting a loft and covering expenses using Airbnb???
So this is probably a worn out question, however I am new here so I am going to ask anyways.I am looking into renting a loft in Galveston TX as a weekend getaway. However, my current financial situation does not quite...
Supada L.
Expensive repair on rental. Should I do it?
Hello,
I have an out-of-state rental that I've relied on the property management to take care of it. I have owned the property for about a year and there has been minor fixes that already turned my first year cashflo...
Austin Hurwitz
Managing Business Income & Expenses for Tax Purposes
Hi All,I'm looking to separate my rental income and expenses into a separate bank account and credit card. This is to make it easier for me to track everything for tax purposes. Does anyone have recommendations on bes...
Wes Franco
First Time Investor/Owner in Ultra-Expensive Market
Hello! I joined BiggerPockets today and look forward to networking and finding my way to time, location and financial freedom! I HAVE NEVER OWNED A HOME. Primary or rental.
Here is my current situation:
I'm 27 years...
Randall D Cheney
recapture expenses from sales proceeds before 1031 exchange
We're going to sell some building lots that we have divided off of our farm, and do a 1031 exchange with the proceeds. We'd like to pull at least some of the development expenses out of the sales money before we rein...