All Forum Posts by: Nirmal Khanderia

Hi @Tony Lin,

Here is my understanding.

1. Appreciation for 5 year hold is first reduced by 20% and balance is taxed as long term capital gain.

2. Refinance is not an taxable event. That is why it is most beneficial to the passive investor.

3. Annual Cash Flow is positive, but due to depreciation, it will show negative on the K1 which will help offset other passive income you may have.

@Kelly Bellini,

Congratulations. Fantastic deal. BRRRR is the way to go for the first deal. I am looking for my second BRRRR now.

Hi Joseph,

Congratulations for persuing your dream and follow through. Your story speaks for your determination and hard work. You inspire newbies. 

Hi @Dan Handford, thanks for details on Charlotte, NC market. 

What is typical IRR for the MF investment in Charlotte, NC?

Fantastic story, @Michael Beeman. This is the way to go. BRRRR is my favorite too. Thanks for sharing.

Are you guys copnsidering moving into multi-family space? 

Hi James,

Fantastic Post. We do not see many Multifamily BRRR strategy being posted. I am a big fan of BRRR.

Do you have any meet-up in Austin? 

@Brian Adams is a veteran realtor and investor in Killeen. He knows the area and is very investor friendly.

We did the cost segregation study for a new hotel built by our owners. It benefits the owners if there are other profits to write off against. The losses can be carried forward to future years.

The price for cost segregation study by an independent agency was quoted at 10K; however we built the hotel ourselves, so we did our own research and did cost segregation study ourselves with the help of our CPA.

I used Eddie from Eddie's Home Inspection. He is very thorough, knowlegable and reasonably priced. Please let him know that I referred you.