Adam Allard
Why is CapEx not a part of operating expenses?
I'm reading an article, Top 21 Real Estate Investing Terms and Returns with Formulas, on some basic terminology. The author goes over what operating expenses are and lists examples, and everything seems normal expect ...
Faisal Mohamed
Managing Rehab - Remotely
All,We are planning on doing a REHAB that will require all new plumbing, roofing, flooring, foundation, electrical, etc. We will be going sparingly on the weekends to see progress but for those of you who do out of st...
Jennifer Edwards
List of average rehab costs?
Does anyone already have a list of average prices for common rehab materials? I was going to make one from scratch so I could refer to it for first round quick and dirty deal analysis. I was thinking what a huge, time...
Kellie Frantz
How do I respond to a tenant disputing the itemized damages?
I had a property manager who found these tenants, signed the lease, and did a walk through inspection. I have copies of all. The tenants moved out... 2 days later, I went to inspect my property myself, and was shock...
Diego StPhillip
Can I take items from rental property that I own?
I own a rental property. Over time, I have purchased various items for the rental property and taken tax deductions when I did so. For example, I purchased a lawn mower for the rental that tenants cut with. I have pur...
Keri Eason
Bird Dogs, Referral Fees After Closing, & Legality???
I recently posted the question below on the nwreii yahoogroup and as expected I have received some very differing opinions.
I was hoping you could shed some light on this issue...
I have heard that in some states r...
Ken Yeung
Indianapolis Property Inspection
Does anyone have recommendation for residential property inspection in Indianapolis?
Thanks.
Ryan Newport
Owner Occupied Multi-Damily tax reduction
I thought I read in one of the BP books that if someone owns a multi-family and lives in one of the units that they can file for a 25% reduction in property taxes. Though I’m having trouble sourcing this now and can’t...
Chris F.
Do all expenses need to be capiltaized before "placed in service"
I have a rental I purchased in September 2017. It needed substantial rehab and it will be ready for rent later this month. My understanding is that all expenses and improvements must be added to the basis. I under...
Christina Hsu
Trump Tax Code changes affecting REI?
Just saw this article on the potential changes to the tax code which would impact REI. How would this affect the different real estate strategies like BRRR, multi-family, etc.?https://www.nytimes.com/2017/04/22/busine...