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capex rental property pepe unchain Bnb Eth XRP crypto futures coinbase futures binance futures

What is a capex on a rental property?

CapEx on rental property (also called Capital Expenses) are expenses to replace parts of the property that wear out over time. What’s the difference between CapEx and maintenance?

How do I budget for rental property CAPEX?

There are 2 main ways to budget for rental property CapEx: Set aside about 10% of the rental income collected for CapEx (more or less depending on the age of your property). For example, if you have an older property that requires more frequent repairs, you may want to set aside 15% to 20%.

How can CAPEX help your rental business?

With careful planning, CapEx can be a great way to improve the bottom line of your rental business. Keep accurate records of all expenses related to your rental property. This will help you stay organized and on budget and provide a record in the event of an audit.

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