Here is my question in the development process, how much are renderings and floor plans and when is the architect paid if you need an actual number to take to the bank to get construction started? Basically when is th...

BP gang,So, we haven't been able to secure a flip but have seen some OK rental deals. I'm currently looking at a 2 family in a decent part of the neighborhood in Amsterdam NY. I see the breakdown like this:55K purchas...

Every time we're preparing for a new administration, there's plenty of tax-related noise. The new President is going to do this, do that, yada yada yada.Unfortunately, a lot of financial and tax professionals join thi...

I use Stessa and was wondering how detailed I should be when it comes down to filling my receipts.I only own one duplex and I have been recording things as simply as possibly. Should I be breaking down costs in Stessa...

I just signed a P&S on my 1st commercial property. On the P&S I requested the past 12 months of income and expenses.  What should I expect from the seller as far as detail?  Just a pro forma income/expense sum...

Hi,I did a new roof on a rental property. I am from Texas/Houston. The roofer gave me a invoice with high level bill of material, and a statement that it has 2 years of warranty and brand name of the shingles.It does ...

I got a tenant with $870 for a 2 bed on a voucher in Louisville with her and her son. My asking rent of $850 includes water, sewer, trash.

The unit does have a gas water heater, gas range, dishwasher, fridge, a...

Dear all,
I have a rental property. To calculate the tax, do I use the whole mortgage or only the interest for the total expense?
Thanks for your help,
Hoang

Howdy all!I am looking for suggestions on a "fair," maybe defensible is a better word, formula for splitting the water bill.  Currently the usage is out of control.The backstory is that the house is 4 families and is ...

As the controller for a property management company, I have to sign off on all of the bills. Most utility bills are pretty straight forward whether they're high or not, but the waste removal bills are a different anim...