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All Forum Posts by: Michael Sarkissian

Michael Sarkissian has started 3 posts and replied 7 times.

Post: Analyzing a deal and factoring in taxes

Michael SarkissianPosted
  • Rental Property Investor
  • San Francisco, CA
  • Posts 7
  • Votes 0

@Mike Dorneman Hi Mike, thank you for taking the time to answer. Yes, it does make sense. I appreciate it!

Post: Analyzing a deal and factoring in taxes

Michael SarkissianPosted
  • Rental Property Investor
  • San Francisco, CA
  • Posts 7
  • Votes 0

Hi all, 

I am pretty new to this so this might be a silly question... When analysing a deal and trying to come up with an accurate cash on cash return for a buy and hold multi unit, how do you account for the expenses you eventually get back? Meaning, and I might be wrong here, but for example property management or repairs are a business expense and are tax deductable correct? So how do you factor that "refund" in when looking at a potential deal or looking back say at the past year to see how well the property you own performed? 


Thank you in advance!

Post: San Francisco Agent

Michael SarkissianPosted
  • Rental Property Investor
  • San Francisco, CA
  • Posts 7
  • Votes 0
Thank you Brad! I look forward to meeting you

Post: Out of state investing

Michael SarkissianPosted
  • Rental Property Investor
  • San Francisco, CA
  • Posts 7
  • Votes 0

Thank you all of you for the responses and advice. It's great to see what others are thinking and doing. Thank you @Mason Marin in will definitely listen to that podcast. 

Post: Out of state investing

Michael SarkissianPosted
  • Rental Property Investor
  • San Francisco, CA
  • Posts 7
  • Votes 0

Hi,

I should first say that I am brand to real estate investing but I am ready to get started. I am particularly interested in buy and hold and rehab out of state (I live in San Francisco). Anyone doing this that would be willing to share how to get started or even maybe willing to partner up? Thank you for your help!  

Post: San Francisco Agent

Michael SarkissianPosted
  • Rental Property Investor
  • San Francisco, CA
  • Posts 7
  • Votes 0

Thank you both! I look forward to getting started 

Post: San Francisco Agent

Michael SarkissianPosted
  • Rental Property Investor
  • San Francisco, CA
  • Posts 7
  • Votes 0

Hi everyone,

I am an agent from San Francisco who is looking to learn from others and start investing for himself. I look forward to meeting you all!