Does anyone have a expense/mileage/income tracking tool in Excel that they like?  

You’ll file one joint return, but S-corp expenses don’t get “added” on Schedule A, they must be deducted inside the S-corp and flow through on the K-1. 

I regularly work with investors who insist on chasing the last dollar.  In other words, they get a solid offer and want to hold out for a better offer.  Your most profitable deal is the next one.  Deal flow is more im...

Operating expenses look at the regular and ongoing costs incurred by a property on a monthly or yearly basis.

For instance, if I place a property under contract in Raleigh, NC and later decide to walk after I've incurred expenses, those expenses simply stay on the books until I eventually purchase a property in Raleigh, NC.

If you look at the interest expenses on a flip with an interest rate at 6% vs. 10% just as an example, assuming the investor knows what they are doing and executes efficiently, the added interest charge really has a negligible impact on the overall profitability.

The real cash drain hides in your operating expenses (OpEx): repairs and maintenance, reserves, utilities, pest control, legal fees, property management, HOA dues, and unexpected turns like a broken HVAC or a non-paying tenant.Ignoring these costs is one of the main reasons rookies bleed cash after their first deal.

Look for evidence of SOPs for smart-home technology to curb utility use, bulk buying of supplies, or in-house maintenance teams that reduce reliance on expensive third-party contractors for common fixes.What types of properties do you manage?

There are certain expenses that are either fixed costs or simply easier to absorb in more expensive real estate.

What's going on with the individual line item operating expenses?