Just wondering what the correct way is to handle business overhead expenses for my rental properties when it's time to account for those expenses at tax time? (i.e. cost for business PO box, Quickbooks, miscellaneous ...
We're turning a basement back into a garageAt Arch Buyers, we recently purchased a new 4-family property in Saint Louis County. The building has a spacious basement garage that the previous owner only used for storage...
Silly question I guess, but when you're putting a property on the market and uploading pictures....what do you go with first?
1) Overhead showing red property line, then the front and then all of the inside, exterio...
I'm starting reno on a 5 room unit that was once gaslight. 3 of the smallest rooms, the larger two being 70 sq ft, have no overhead lights. 2 have a wall sconce with a built in switch. My impulse was to wire in ceilin...
I have a house with 3 car garage (1 attached, 2 detached). As we know housing doesn't paid for more garage space, with the proposed cut around $9.5 billion in 2018, my rent is not getting SAFMR (small area fare mark...
I am a landlord who manages my own rental property. I do not manage property for other owners. I set up my chart of accounts in QuickBooks to include, among others, two types of accounts: (1) Cost of Goods Sold acc...
Hi all. Wanted some input if anyone has any ideas here. We flip houses in multiple markets with mid sized volume (67 closings so far this year and around 50 houses in inventory). We are in the beginning stages of r...
Can anyone share their Economic Model for a flipping business? To clarify....if you made $1mil in revenue, and $400K in profit for the year, the 60% in expenses would be broken down by what? I'm guessing it would lo...
Hi, BPers, I am back with more questions. Now I got several quotes for electrical in my house. One thing strange is some said overhead service while others underground service. How can I figure out who is correct, or ...
I recently had to file a claim on my house because it flooded due to My warranty company installing the wrong size compressor in my A.C. unit. When they did this, I've been told it caused it to Completely freeze up a...