Jon Zhou
Ashcroft capital: Additional 20% capital call
9 October 2024 | 312 replies
These marketing techniques included bright attractive ads, giveaways at concerts and festivals, flavors, and even going so far as giving presentations...in high schools.
Costin I.
Cost Segregation - Partial Disposition and offsetting insurance proceeds
1 October 2024 | 15 replies
This would involve recognizing a loss on the portion of the property disposed of due to the replacement of the roof.Your understanding that taxing insurance proceeds and tracking depreciation or partial dispositions are distinct matters is correct.
Amelia Cooper
Best Baselane Tutorials?
27 September 2024 | 1 reply
Although there are best practices, everyone prefers to set it up with their own unique flavor.
Jason Guenther
My financial situation... what to do..?
3 October 2024 | 29 replies
So maybe that's stacking savings, maybe paying down debt, improving FICO, or maybe it's raising capital, whatever, the details don't matter because there is 101 flavors out there, all that matters is what is your 1-Thing NOW, do that, THAT alone, with fanatical focus like a fat-boy on cake!
Arnab Sinha
Should I invest in Mobile, AL
27 September 2024 | 6 replies
Scheduled to open in the summer of 2019, the $51 million, five- story, 267-unit development will be a large and distinctive presence on the east side of Water Street.- In the past five years, Mobile has experienced a 33% increase in manufacturing jobs compared with about 8% nationally.- McGowin Park developed a huge retail space in 2015 which consists of: 199,500- square-foot retail shopping center containing a future expansion area, five restaurant "pads" and 4.5 acres of outparcel development, and the west development consists of a 148,000-square-foot anchor store with an associated gas station, an 89,600-square-foot shopping center and 7.41 acres of outparcel area.
Matthew Estrada
Lessons Learned: My Experience with The 'Flip System'
30 September 2024 | 47 replies
I often see $130k appraisals but I'm certain the property would maybe fetch $110k on a sale.It's an important distinction.
Nolan Dalton
DSCR LOANS. Where to get approved?
25 September 2024 | 37 replies
At 26, having 4 properties and looking for more is quite the story.KeyBank man should be ashamed of himself.I'd disagree with some of the assumptions in this thread.Rate locks don't need to be for more than 30 days. 45 days can cost you a quarter point depending on the lender and it's really not necessary.Always remember that origination points and discount points are two distinctly different things.For us, some origination fees can be just 2 points and some are just 3 points.
Chase Fritz
Anyone got a great CPA in OKC...?
23 September 2024 | 8 replies
Figuring out this distinction has been light and enjoyable.Insightful Tax & Advisory
Christina B.
Service dog last minute disclosure
24 September 2024 | 15 replies
One distinction that has not been brought up, a legitimate service animal is there to provide some vital service for it's handler therefore is never left home alone while everyone goes out shopping, dinner or sight seeing.
Michael Plaks
The so-called "STR loophole" - hype or real?
23 September 2024 | 19 replies
It involves using Section 179 or bonus depreciation, and I would not DIY this project, as distinction between repairs and capital improvements is one of the most confusing areas of the tax law.And no, you do not need a cost segregation study to deduct these components of your rehab - if you have itemized invoices and receipts.Myth 8: for a valid 1031 exchange, I must exchange STR for another STRNo, you don't.