As the largest investor in each loan, we do receive the points at closings. 

We see too many posters turn angry when they don’t receive the answer they want…….Here’s my bottom line.  

This property has cost segregation 70% building 6% land improvement 24%  I have two questions Question 1 I am determining my basis in the new property by:1. subtracting the old mortgage from the new mortgage2. adding Exchange fee, consulting fee and rebated commission back onto the basisExample figures new adjusted basis =$210,000- land ($10000 adjusted) =$200,000  depreciate as follows 70% x 200,000 = $140,000(27.5yr) 6% x 200,000 = $12,000(15yr)  24% x 200,000 = $48,000(5yr) question two I received the substitute grantor letter back from the which shows rent income but does not account for distributions are the distributions I receive taxable income on top of the rent income on the grantor letter?

Ask lots of questions and you will receive great insight from professionals!

Also, some college degrees that lead directly to jobs are low paying (teaching, social work).

I expect those 46 to turn into 23 by the end of June, once most of the homeowners have received their first first class mail letter from me.

Following the installation of a new water meter, I received a true-up for the previous underbilling.Since the meter replacement, my water usage has increased by approximately 20%, and I am now receiving monthly bills instead of the previous bi-monthly statements.

To pay my contractors and employees I collect their bank information and can send an ACH directly to their bank account. 

The Realtor receives a 1099 with the commissions included from sale, can they deduct the closing cost amount paid to reduce or essentially wash out the commissions since they never actually received the money?

I want to open a PO box with my local usps store but I read they don't receive letters/packages from FedEx and ups.What would you recommend, USPS or UPS box?