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All Forum Posts by: Sanjay Sharma

Sanjay Sharma has started 9 posts and replied 31 times.

Post: how to split cost seg in STR partnership

Sanjay SharmaPosted
  • Fullerton, CA
  • Posts 35
  • Votes 12

How do you split cost seg rapid depreciation on a STR in a partnership when one partner is REPS but the other partner is not?

Can the non-reps partner take advantage under the hours actively working on the unit to qualify for active depreciation?  Then, the reps partner can also take hers/his depreciation too?

thanks

Strong work, Sendhil!  very impressive and well laid groundwork for continued future success!

Post: How Would You Invest $200k?

Sanjay SharmaPosted
  • Fullerton, CA
  • Posts 35
  • Votes 12

Daniel

Innumerable successful So Cal investors find great properties with the right management team here in LA, OC, and IE.  

Buy your own, JV, LP in a syndicate. You can house hack, vacation rental.

Network locally

Post: Young professional wanting a life change

Sanjay SharmaPosted
  • Fullerton, CA
  • Posts 35
  • Votes 12

I’m a physician. Do not give up your profession. It is tough when you are young and looking at 1000’s of hours and years of work ahead of you. There is nothing more fulfilling than taking care of your patients and your family too. 

There are tons of us who practice medicine and have successful RE businesses. Reach out to some of us

Post: ISO student housing in Southern California

Sanjay SharmaPosted
  • Fullerton, CA
  • Posts 35
  • Votes 12

I presume UCI would be difficult. I would love to learn more. One of my goals is to own mfh student housing in so cal. 

Post: prop mgt recs inglewood, CA

Sanjay SharmaPosted
  • Fullerton, CA
  • Posts 35
  • Votes 12

hi, does anyone have a good property manager in inglewood, CA.  4plex.

thanks

Post: Real Estate Professional Status/Time Tracking

Sanjay SharmaPosted
  • Fullerton, CA
  • Posts 35
  • Votes 12

@Caleb Genry, please send me a copy of the spreadsheet.  All the best,

@tonyrobinson from the rookie podcast is an investor in Joshua Tree.  Although I'm not interested in that area, one of my colleagues is bullish on J Tree.  She says its the hip place for millenials from So Cal to hang out.  Maybe the modern palm springs?

also, tax bracket 45%;  spouse Real estate professional