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Category: Rehab

FLIPS and Rehabs, Question from Randy

Posted on August 26, 2017March 16, 2022 By Mike Butler

FLIPS and Rehabs

QUESTION from Randy:

When I buy a house to rehab and flip,
I enter the expenses of the rehab,
Do I enter it as an repair expense?

I do a close out report and I am showing a Capitalized expense,
I do not know how It got there. Help Please

Randy

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