Brandon Boyer
Oklahoma Expenses and utilities
Hey Oklahoma,Lets talk expenses. How are yall handling the utility bills do the tenants pay, are yall billing them back, or has anyone can up with another creative solution? Are there any unplanned or unseen expenses ...
Austin Kuritz
Worried about any expenses
Hello BP community,I have been really looking into wholesaling as a first strategy for getting started for investing.Things that worry me that i would like to know is any hidden expences or fees that occurs during a w...
Kevin Craig
Tracking returns and expenses
Does anyone have any recommendations on any programs or software that can help me track my expenses and return? I just recently bought my first property and plan to buy another one this year, 2023. I just want to make...
Umesh Chokshi
Refinance closing cost expenses
Hello,There are different views from CPAs I have worked with for claiming closing cost expenses paid for refinance while filing your tax return. Which closing cost ( expect for points ) can be claimed towards closing ...
Saad Handoo
Writing off Depreciation Expense
I read somewhere that you can write off on your taxes a certain portion of your income if the property is younger than 27.5 years (or something to that tune). I recall there being something about a 10K threshold. Mayb...
Lane Smith
Pre-rental deductible expenses
Hello, I am curious if repair materials can be bought before closing and deducted on the following year tax returns. My local home improvement store has a sale on materials I will use for a multiplex I will be closing...
Joseph A.
Are Parking Tickets Expenses?
I got a parking ticket while at a business meeting. Can I write this off as an expense?
Anthony Garcia
Expenses in Rental Income
Had a question about expenses. My wife and I are wanting to buy our rental properties cash. I know we need to take out insurance, repairs, cap ex, taxes, etc. out of the rent, but is a vacancy expense necessary if w...
Will B.
Expensive home median prices
My home area is Frisco, Texas. Currently, I'm trying to build my rental portfolio, I've taken a ton of training, but a lot of the algorithms or formulas that I've learned, dont apply to my market. So my question is, w...
Karl McGarvey
Analyzing the Deal - Expenses
Hey all!So I have read a book or two, listened to probably a hundred podcasts, and everyone seems to have the same general idea of what you should be including for your expenses on your deals. Everyone also has the sa...