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Mower, tractor, weed eater, chainsaw, etc. Where can I claim the fuel, oil, and maintenance costs. The costs that can't be assigned to any one of the rentals.
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The only way to handle this is to total the expenses (or put them in categories) and divide them equally between the properties.
Then go through each separate rental property, and enter the allocated amounts. This also applies to entering purchases of assets.
The only way to handle this is to total the expenses (or put them in categories) and divide them equally between the properties.
Then go through each separate rental property, and enter the allocated amounts. This also applies to entering purchases of assets.
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