Landlords: can/have you deducted the cost of equipment used to repair your apartments from security deposits?

I know that in general materials used to repair a rental like cleaning supplies, plaster, etc can be dedu...

Hi AllMy Central Boiler in my 8 unit building died March 2014I had a central boiler and converted all the units to individual forced air units in each apartment (they now control their own heat and pay their own gas b...

A laser car wash popped up for sale locally and is advertising an awesome 11% cap rate. Is this typical for a car wash? Usually higher cap rate indicates a risky investment or am investment that is difficult to manage...

My unrelated personal business has taken off and I may be looking at making $500k this year. I own no real estate. I've never made this much money or even close. I need to get rid of some of this cash so I'm not payin...

This was taken from a PM to a colleague.... After writing it up, I figured I'd put it here for your entertainment;) About the tax comment in my post...This is a simple example. The numbers are to show the point. Don't...

Do any of you use air purifiers in your home? Are they a gimmick or do they work? Which are the best ones? Which ones are the best value? One day, I'll live in a forest in Oregon or in the mountains in Colorado, but f...

Are there any specific rules for saving/Accounting for Capital expenditures? I want to get a better understanding of how much should be put aside each month for Cap Ex. Also if it is possible is there an example that ...

What is a fair price to sell an owner absentee business that shows 85,000 a year in profit and 325,000 in yearly sales?

Thanks in advance

New investor here!We had to replace our refrigerator in our rental, due to the old one breaking. Is this a Capital expenditure or an operating expense?I'm also wondering what the advantages are of classifying one as a...

We are having issues with a painter. We were talked into paying in full (we know we know!)they came and started, getting 50% complete and have been finding excuse after excuse to push us back. It has been unfinished f...