Ian Livaich
Calculating Expenses for Small Multifamily (Repairs/CapEx)
Hey everyone,I am searching for a small multifamily property (most likely a duplex) in South Jersey. I am going to look at three properties tomorrow with my agent. I am crunching the numbers and determining at what ...
David C.
Is a Property Manager an employee or an expense for an LLC ?
For those who use a property manager (particularly for out of state rentals), do you have to have them listed as an employee of your Single member LLC, or can you consider this as an expense(not an employee) to the LLC ?
Wendy Schultz
Do you consider mortgage payments an expense?
I've debating in my mind if I should consider the mortgage payment in my expenses when determining profitability. Only the interest is truly an expense but a mortgage payment certainly impacts cash flow. How do you de...
Benjie DeVera
Advise Needed from Lenders: Tax Returns Weight on Loan Application
Hi, I'm currently working on my 2014 taxes. This 2014 taxes will be the most complicated one by far, with itemizing RE expenses, etc. I do have an EA doing it, so I'm just trying to plan for 2015, as I plan to purchas...
Chris L.
New to investing, looking for input on house purchase
0 votesNo votes yet
Hey there! I’m new to investing in Durham and I am thinking of buying a neighbors 3 bedroom house near Duke. It’s not going to be a steal because it’s close to Duke, but I think it might be easie...
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 ...
Ben Aaron
How i use my CC in 2023 to maximize my ROI
Hey All!
I have been in the game for the past 4 years, started like most people here with not a lot of my own capital. I was always in the look for ways to increase my ROI so I could do more projects.
Fast forward t...
Justin Luedeke
Can I pay for Investment Club fees with SDIRA
In the process of setting up a Self-Directed IRA and wondered if anyone has used the proceeds from the account to pay for the annual costs of an investment club (i.e. Motley Fool, Oxford Club, etc)?Thanks!
Justin C.
simple bookkeeping question - credit cards
If I charge $500 at Lowes for supplies and list the entry as a supplies line item, then where does the credit card payment go? Can't wrap my head around this one.thanks in advance
Christopher Mooney
Average Expense Ratios on LT rentals
Hey all,Have a portfolio of 6 properties in Cleveland, OH and as I'm looking to scale, I'm trying to better understand the numbers and essentially take a more active "Asset Manager" type of role, while allowing my pro...