Angie DeRubeis
When do deductible expenses start?
Are cost of legal fees and renovations before LLC is formed deductible expenses?
Matthew F.
Education as a deductible expense
Hello BP,
This is my first year as an active real estate agent in Roanoke, VA. I am considered an independent contractor by the IRS and will receive the 1099 form instead of the W-2 form that I am accustomed ...
Bryce Jamison
Need Expense Numbers for Durham
Hey Everyone,I read J Scott's awesome article about deal analysis a few days ago on here, and I've been crunching numbers every since.I'm hoping some locals could give me a better idea of what numbers and percentages ...
Jordan Vires
25% expenses on Multi Family
Do any multi families actually operate with only 25% expenses in relation to gross rents. I made an offer on a multifamily property and used 50% rule as a guideline. The realtor's response was.....
" Vacancy ...
Seth Michael Carp
House Hack in expensive market?
I am currently a high school senior and I'm currently learning and making money for an FHA loan to house hack in my sophomore year of college. I am going to be going to the University of Oregon, in Eugene. When runnin...
Elliot Marszalek
FIRE ratio with unrealized expenses.
According to the FIRE ratio I'm extremely close to 100% but then I have to consider things such as insurance when I no longer have an employer and it pushes that percentage back quite a bit. I'm wondering if there's a...
Timothy VanWingerden
Operating expense or capital improvement?
I am working with an accountant as I prepare returns for the first year of owning real estate. I read Brandon Hall’s article from a while back talking about the tax myth’s for real estate investing. One was the follow...
John Hauser
New Member in Expensive Area
Hey Everyone! I'm a new member and got started by listening to the very good podcasts. I live in the DC area and have a rental building (with two other partners) in the South Shore neighborhood of Chicago. I'm g...
Jeff Faulkner
Multi Family Depreciation Expense Question
When evaluating a multi-family property, should depreciation expense be calculated into Expenses when estimating expenses and determining ROI?
Jerry L Watson
credit card for business expenses
Looking for a good business credit card for my real estate investing business expenses...I need to select from one of the following: 1. Capital One Spark Cash for Business Visa, 2. AMEX Blue Business Plus, 3. BofA Bus...