So from what I've read, you deduct the loss AND any/all cost of repairs made due to the casualty. Where do I put the cost of repairs deduction for my rentals at? On Schedule E as an Other Expense with a unique descr...
Thanks to the BP community for your posts on Capital Expenditures. I potentially would have let wishful thinking influence me to underestimate these expenses.Obviously, it is best to estimate these expenses on a house...
Anyone have insight on things I should include in my capital expenditures especially here in Akron Ohio? Steve
How do you treat historical capex of a property in your own valuations of a property?In theory, one could argue that the average historial capex (both maintenance and expansionary) per year for a time period of 5-20 y...
A capital expenditure is money spent by a business or organization on acquiring or maintaining fixed assets, such as land, buildings, and equipment. This would include architectural fees, new equipment, cost of protec...
Hi BP,
I'm learning more and more about multi-family investing, but I am having trouble finding the answer to a specific question. If I have a partner that wants to fund the downpayment on a small complex, but then d...
Everything below is for the same property, a duplex in Fishtown neighborhood of Philadelphia.
I start to have some stucco work done on the exterior. When the mason removes the old stucco he finds a wooden beams spann...
Hi everyone I am a newbie and have a question about analyzing deals. A condo in my hometown has come up that I am interested in. I was wondering since it is a condo with HOA fees,if I need to still account for capital...
This property I am looking at is early 1900's. The pro forma shows 10% for maintenance and repairs. Would you include capital expenditures in that? Or add an additional 5-10%?
Purchasing my first duplex in the Twin Cities at the end of the month and am researching different software/apps to help manage receipts and tracking expenditures. What do others recommend?