As a real estate investor, you might be wondering: How are rental property expenses calculated? Many people who have rental properties wonder how they are able to calculate their expenses for the year. This blog post will explain just that. In a nutshell, the cost of a rental property is…
As a real estate investor, you might wonder: What is included in operating expenses for a rental property? The term "operating expenses" describes the costs of running and maintaining a rental property. Operating expenses are different than mortgage payments or rent. They are deducted from income when calculating total taxable…
The expenses of owning a rental property can vary significantly depending on the type of investment and location. For example, if you own an apartment building in Manhattan, your monthly expenses will be much higher than if you owned a duplex outside of Detroit. There are many factors to take…
