Andrew Schultz
How do you categorize property expenses?
How do you break down your property expenses in to categories? For instance, Repairs, Bank Fees, Utilities, etc. I'm looking to improve the chart of accounts that I use to give the property owners I manage for a ...
Paul Watkins
Categorize closing costs in accounting software
From down payment, to deed recording fees, to lender's title insurance, I need to know the correct way to categorize the line items of a HUD-1 statement. I realize most costs aren't tax deductible or capitalized, I'm ...
Craig Gabriel
Categorizing Mortgages as Qualified or Not
For government reporting requirements, the mortgage broker company I am working for needs to categorize each of our closed loans as Qualified, Non-Qualified, or Not Subject to Qualified Mortgage Rules. The owner told ...
Nilesh Makhija
How do you categorize "good deal" ?
I am an investor in Baltimore area and currently looking for good deals. When I looked deep and started to understand what do you you mean by god deals I came across all sorts of metrics ( 70% ARV, 50% rule , 2% rule ...
Brandon Heimsoth
Supplies vs Assets vs Repairs vs Maintenance
I've asked a similar question before but need further direction. In years past, I gave descriptions of expenses to my accountant and they figured it out for me. This past year, they charged me for the categorization...
Matthew W.
Fused with categorizes or Chart of Accounts
I'm trying to set up my expenses in QB and Expenify and I've been back and fourth on a couple of categories. So far I have 1099, Advertising & Marketing, bank charges & Fees, Capital Expenses (for remodels) Ca...
Account Closed
Can't find the categorized articles on here?
I had been out of the loop for a while and I am aware of the new BP interface. Before when I went to the article base all of the articles were split up by category. Now I just see recent articles, top authors, and top...
Paul Watkins
How to categorize closing costs in TenantCloud
From down payment, to deed recording fees, to lender's title insurance, I need to know the correct way to categorize the line items of a HUD-1 statement. I realize most costs aren't tax deductible or capitalized, I'm ...
Martin Lindsay
What do you categorize as BRRR potential?
I know a lot of what most investors see as a potential BRRR is determined by ARV and how big the rehab will be, but what I’m wondering is where do you draw the line for what might be a BRRR vs. what could be just a bu...
Kevin Yang
How should you categorize your business expenses?
Hey guys,Me and my partner have been setting up our property to start doing business in short/mid term rentals! We have a lot of business expenses such as labor from contractors, appliances, furniture, tools, etc. We ...