Account Closed
Documenting Capital Expense(s)
Hello All!
First, thank you in advance for taking out the time to read this. My partner and I are currently renovating 2/4 units in our fourplex. My role is to keep track of the P&L, budgeting and documenting. I...
Srinivas Prasad
Young, Income = Expense, Red flag?
Hi, Young boy and girl friends tenants planning to move-in together. Both know each other for many years, in stable job for more than 1.5 years, together make 3x rental. They have no savings and last 6 months bank...
Evelyn Castillo
Expenses; Newbie; expense housing question
Hey BP! This might seem like a silly question but I am having some trouble here. I am practicing on the BP calculator. I am working on the portion of the expenses... My question is, where would I go to find the electr...
Van Wagner
Estimating expenses for expensive properties
Hey everybody, I'm a new investor in the Denver area and have a questions that I just can't seem to find a good answer for. I'm wondering how you estimate expenses for properties that are more expensive, around $400,0...
Bob Woelfel
Capital Expense or Maintenance Expense??
Accounting question....would a new appliance for one of my rentals be considered a maintenance expense or cap ex for accounting purposes?Would that change if it were a flip project? Thanks.
Will Flores
Home Owner expenses/Renters Expenses
Hey BP fam !
So my friend and I are trying to analyze through properties. Now when it comes to expenses is when we get a little confused. We just want some clarification. When it comes to expenses such as light, gas,...
Emily D.
Capital Expense vs Repair Expense
For bookkeeping/ tax purposes: if you replace an A/C unit and hot water heater does it get categorized as a capital expenses or repair cost? I have been researching to ensure I log it correctly in our bookkeeping soft...
Jennifer Fernéz
Expenses
Could someone give me an idea what types of expenses, other than repairs, that come with owning a rental property? For example, is there home owner's insurance and how much is that a year?Also, is it better to have ...
Federico Martinez
expenses
Where would be the best place to find out all the expenses I would have to calculate in order to rent out a property? or more simply, what are the expenses of owning a house?
Precious Thompson
Expenses
How do a landlord find out about expense such as garbage or sewer , Since every property does require these fees, should they still be included when evaluating the numbers for a purchase , and who is responsible to pa...