Hello BP Members,
I am under a contract for a 8 unit building came on MLS few days back and was hoping to get your opinion on few technical/diligence things given the communities vast experience in investing in mult...
Question for those who have had pre-rehab appraisals done for financing a combined purchase/rehab loan. I know they're going to be estimating the ARV for once repairs have been done, but what would you supply the appr...
This last November marks one year of being a land lord. What I need help with is what can I write off for my taxes outside of the normal office space write off, portion of the utilities, gas mileage, computer write of...
How do you folks go about categorizing income and expenses on your rentals?
Do you have categories and sub-categories?
Do you track plumbing, electrical, etc - or just "repairs?"
Is there a difference between "repair...
Hi everyone! We're rehabbing a house that we plan to rent out later. My husband spent a ton of time to decide whether he should buy a white ceiling fan or a black ceiling fan... and among the white ones, which to get....
Ok, so me and my partner are doing our first rehab and are in the process of getting general and subcontractors into the single family home to give us bids on our renovations and improvements. We just got our first on...
Hi all. So after looking through pages of previous posts/replies, I did not find a topic that covers my exact question so I'm submitting this one.Can someone please clarify how capital gains and depreciation recaptur...
Hey all, Could use some help from some more experienced folks on the board: A potential client came through Houzz with 3 projects. All three projects are no where near the stage where a contractor should be involved a...
I'm trying to clean up my books and need help resetting my balance sheet - I believe I need to go back in time and essentially reset the initial entries. Basically, if someone can tell me how to set up my books starti...
Hello Everyone,I am searching for a detailed cost tracking spreadsheet to manage my flip projects and eventually new builds. I would like it to be Excel based or Google Sheets compliant and I would like to be detailed...