Jonathan Warren
REI Mobile Annual Operating Expenses default?
I'm trying to setup some defaults and am stumped here. I've been estimating Taxes as a % of After Repair Value. How do I estimate Taxes by % of gross income? I like the default for initial analysis.
Derrick Powell
To Increase income or decrease expenses?
Good morning,I have a fourplex I pay water and sewer which is annually ~$3300. I received a quote to submeter the water ~$15k. This is about right as there will be new meters installed, digging the meter pits, new su...
Wendy Busa
Rental Property Analysis Calculator Condo expenses
Hi, sorry, If I am not posting this in the correct forum. Anyone have experience with purchasing a condo for a rental and figuring the cash flow?I am thinking about investing in a small condo in Wisconsin to use as re...
Charles D. Smith
Rental Expenses that are Tax Deductible
If a landlord is receiving income from the rental of a dwelling unit, there are rental expenses they may deduct on their tax return. These deductions apply to mortgage interest, property taxes, operating expenses, dep...
Abraham Alemnew
High School Student in Expensive Area
I am an 18 year old in High school and I live in the Bay Area. I want to house hack & co live, but with all houses around me being 1M+ there is just no way. I considered long distance investing, but I would have t...
Stephen Valder
Deducting expenses and depreciation for ADU?
I built an ADU (accessory dwelling unit) on the same property I live on.
it is rented. Several of the expenses are shared with my home. Water/sewer, tax bill, home owners insurance. Am I able to apply a portion to t...
Account Closed
Pocono PA Short Term Rental Expenses
Hi all! I am looking into putting in an offer on a property on Arrowhead Lake PA. Is anyone here an owner of a STR in the Poconos area? I own STR's at the Jersey Shore, I know operations are a bit different in the P...
Samuel Smith
Starting out in an expensive market
Hello, My name is Sam Smith. I am a 22 year old Consumer Loan Underwriter in Montana. I recently graduated and have been saving everything I can in order to get my first primary home. The area I live in is on the up a...
Brent Raver
Will BRRRR work on Expensive houses
Is anyone out there doing high end BRRRR? Is there a market for it? I am just looking to learn more! I am a carpenter and want to be able to work on expensive houses and have the ability to make the numbers work while...
Vince Liu
Deduct Loss created by Depreciation Expenses
Hi Tax Experts,I learned in a article that you can actually use the loss created by your real estate investments (of course it's not realized loss) to offset your W-2 wages and other income. Is that true? Is there ce...