QuickBooks for Real Estate Flips How To Enter Repairs Posted on March 9, 2011March 17, 2022 By Mike Butler QUESTION from Steve: Hello Mike, I looked through the Investor Books Manual and did not see this ... When doing a flip, the repairs will be a capital expense versus an ordinary expense. How are you booking the repairs? Steve Please log in to view more of this post Login INVESTOR BOOKS, Flips, Repairs, Troubleshoot Tags:Buying RE, capital improvements, capitalized, flipping property, INVESTOR BOOKS, maintenance, Purchase Real Estate, quickbooks, quickbooks for real estate, repairs, retail deal, wholesale deal