All Forum Posts by: Keith Meyer

Do stock capital gains count? Pretty difficult to prove you have a "reasonable expectation" of achieving a high level of gains year after year. 

@James Dickens Great suggestion on the Udemy class. I actually accessed it through SkillShare and found the class VERY useful. It also includes the Excel model which is formatted better than most other models I've been able to find online. Thanks again.

Yes basically looking to compare annual cash flows, overall IRR and equity multiple across different investment vehicles. I have calculators for most types but haven't been able to find a GP/LP syndication one I love yet.

Does anyone out there have a GP/LP syndication analyzer Excel template for deals they'd be willing to share? The only templates I've come across usually have multiple IRR hurdles, and the deals I'm looking at just have a preferred return, return of investor capital, and then a cash flow/exit split. So I'd be looking for a template which does not incorporate IRR hurdles.

If you have a calculator like this please let me know and I'd be happy to share one of my useful templates in return. 

Could continued strong population influx into Arizona cause Phoenix and Tucson to merge into a common mega-region one day? This article suggests that current trends make this a possibility. The core areas of Phoenix and Tucson are separated by 120 miles. As a point of comparison, Dallas and Fort Worth are about 30 miles apart. 

https://www.orionprop.com/topfive/could-population-growth-propel-phoenix-and-tucson-to-merge/

I think this is an interesting concept. Living in San Diego currently and seeing the population outflow from California due to severely off-balance Home Affordability indices and a growing reputation as an state unfriendly to business growth, I don't think that the current trends are going to be slowing down any time soon. It looks like there are several high-speed rail projects currently under planning in this region in Arizona which would also increase the feasibility. 

Could other areas with massive recent population influx like Denver-Colorado Springs explore a similar possibility?

That does seem high. Usually the fact that it's investment property and you're doing a cash out refi can each add around 0.5 points to the interest rate. I'm going through the process now and the best I'm finding is around 4.6% through the Costco Home Finance program. Their closing costs are pretty low too, I'd recommend giving it a try if you're a member.

@Bernard Reisz So in your experience would Schedule E rental income qualify someone for a Solo 401k? Or would it have to be something like Schedule C property management income?

I see. I'm assuming you would then likely need to be paying self-employment tax, and reporting your "earned income" in Schedule C (versus Schedule E for rental income). So my property management company versus rental property ownership company example probably makes sense in this case.

Would a reasonable 8% of rental income as a property management fee be something that could qualify as self-employment activity, allocated separately from the overall rental income?

@Dmitriy Fomichenko Thanks for clarifying. So even self-management with material participation in the day to day management of the property would not qualify? Would the legitimate business need to be separated into a property management-type entity in order to qualify?