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All Forum Posts by: Gopichand N.

Gopichand N. has started 23 posts and replied 71 times.

Post: how to report Backdoor IRA error ?

Gopichand N.Posted
  • Investor
  • San Jose, CA
  • Posts 75
  • Votes 34

In 2021,I was doing a backdoor IRA for the first time and incorrectly did a re-characterization for $6000 instead of conversion,I realized the mistake and corrected if after few days, in the mean time the value has gone down to $5779,I did not have any gains, now i got a 1099-R for my Roth IRA for the incorrect conversion?any guidance on what do I have to do in tax returns for this ?

Post: What do you think about cape coral florida?

Gopichand N.Posted
  • Investor
  • San Jose, CA
  • Posts 75
  • Votes 34

@Patrick Bavaro - I see your mention about CapeCoral in a lot of threads, do you have any referrals for past purchases with you and documentation to support the numbers ?I'm hearing about delays in new builds because of supply materials have been backed up,what do you have to say on that?

Post: How to find property lines of a property ?

Gopichand N.Posted
  • Investor
  • San Jose, CA
  • Posts 75
  • Votes 34

I am trying to figure how to find property lines of a property in wake county ,NC ?

Post: How do you determine the Land and Building Value?

Gopichand N.Posted
  • Investor
  • San Jose, CA
  • Posts 75
  • Votes 34

How to Separate the Value of Land From the Value of a Building on your investment property?

Post: How do you filter out non desirable neighborhoods ?

Gopichand N.Posted
  • Investor
  • San Jose, CA
  • Posts 75
  • Votes 34

@Lee Ripma - How do you filter out B class areas ,would you be able to send the instructions here ?

Post: newer vs older gotcha's

Gopichand N.Posted
  • Investor
  • San Jose, CA
  • Posts 75
  • Votes 34

When buying newer SFR's as opposed to not new ones, anything people do differently in terms of having your agent vs buying directly ,using a builder recommended lender vs the one your found, any gotcha's?

Post: How do you analyze a school district improvement?

Gopichand N.Posted
  • Investor
  • San Jose, CA
  • Posts 75
  • Votes 34

When buying an investment property ,if you want to buy in area where you think school district can improve in the long run, what tools/strategies do you use to determine if a school district can improve or degrade?I am not talking about already established A school districts, the ones that are not there yet but might improve

Post: Investing in North Carolina

Gopichand N.Posted
  • Investor
  • San Jose, CA
  • Posts 75
  • Votes 34

Going by the stats and trends on Raleigh also seems like a nice prospect?can it be more than a student rental ?can someone knowledgeable of Raleigh throw more light of any hottest zip codes in that area ? Are there any hot spots there ?from an appreciation stand point how does it compare to the other popular areas mentioned above ?

Post: Looking for a general contractor/ handyman in Indianapolis

Gopichand N.Posted
  • Investor
  • San Jose, CA
  • Posts 75
  • Votes 34

@Jack Liu - I am looking for the same , can I DM?

Post: How do you filter out non desirable neighborhoods ?

Gopichand N.Posted
  • Investor
  • San Jose, CA
  • Posts 75
  • Votes 34

and where do you look for crime rates  in any area?