Jake Handler
Forum For "Expensive Market" Realtors
As a realtor working with investors in an "expensive market," how are you helping your clients fulfill their investment needs? What are some pieces of advice you offer your clients and how do your strategies differ w...
Yeilee Woo
Setting up STR property - expenses
Hi - I bought my first property for a STR! Now I have to furnish the property as well as make some improvements to the property by hiring contractors. If I have not set up my LLC yet, is it wise to create an LLC and g...
Jason C.
Travel Expenses for Rental Property
Hi everyone, I have a rental property under a single member LLC, so I filled schedule E this year. Hoping to get more clarification/ideas how this travel expense might be deductible:Meeting with a CPA in another state...
Riley Smith
What are Considered Fixed Expenses?
Hey guys, I have been practicing analyzing deals to fix and flip. In the book How to Invest in Real Estate it gives the formula
ARV - Rehab - Fixed Costs - Desired Profit = MPP. When flipping what would be considere...
Milt Constantine
Moving expenses and tax deduction?
I'm moving to a new primary residence and turning my original residence into a rental. Can I deduct my moving expenses on next year's tax? The movers would be clearing out the old residents (my family) and prepping th...
Salil Surendran
Rental expenses in Turbo Tax
Hello,I am trying to enter my rental income in Turbo Tax. I rent out my upper bed room for 3 months of last year. I earned $3000 as rental income in the year 2017 and calculated $200 of utility expenses. I entered in...
Adrian Lara
Wholesaling Expensive homes in Cali
Attempting to wholesale a home in California over $5.5 mill. Arv is a bit harder to calculate because the homes around it aren’t as big. Zillow estimate m points to about $6.7 mill arv. (Discounted because home is a p...
Justin White
Expense tracker for rehabs/flips
Does anyone have an expense tracker for rehabs/flips that they would be willing to share? Preferably in Google Docs. I would like to start totaling receipts, but don't want to reinvent the wheel as I know there are a ...
Joseph Duenas
Property Analysis: Operating Expense Percentage
When analyzing a multifamily rental property, what is a good percentage to use for operating expenses (e.g. 10%, 20%, 30%)? Thank you!
Marco Morkous
Free profit and expense tracking
So I’m rehabbing my first rental and got my second under contract. While that is not much I feel like I already need a system to keep track of rents vs expenses. I need a system that categories specific expenses and g...