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Results (10,000+)
Jason Turgeon Real Estate Accounting Winner: REIHub
29 September 2024 | 13 replies
And it's cut down my time spent bookkeeping by a huge amount, since I'm no longer searching Quickbooks forums via google for obscure workarounds specific to real estate. 
Melanie Baldridge Did you know this about Gas Stations?
24 September 2024 | 0 replies
The tax advantages of buying/holding gas stations are pretty great.Many of the components of gas stations including pumps, tanks, external parking areas, and other equipment are classified as either 5 or 15 year property so you can bonus depreciate a lot of it (minus the land value) and get significant deductions in year 1.With the current bonus depreciation rate at 60%, a $1 million gas station acquisition could still lead to $100K+ in year 1 deductions depending on the specifics of your deal.
Maria T. Preferred Equity Experience
26 September 2024 | 11 replies
"Over the last four tightening cycles, the time between the first hike and first cut averaged 2.2 years, and never exceeded 3.2 years" - credits for www.pensford.com 
Jamie Petraglia SF Landlords: How Are You Handling the 5.2% Security Deposit Interest Rate?
25 September 2024 | 6 replies
With the recent rate cut by the Fed, most banks are not offering this rate.
Julio Gonzalez Cost Segregation Study on Single Family Home
24 September 2024 | 0 replies
Assets identified in this study include:Building systems: water heater, electrical distribution, HVAC, plumbinPermanent Fixtures: windows, doors, bathroom fixturesStructural Components: Roof construction, drywall, wood framingInterior Construction: Wood flooring, stairs, ceramic tileThis engineering-based cost segregation study included the following methodology:Physical Inspection through a site visitDocumentation review including architectural plans, accounting records and construction documentsA cost analysis which utilizes engineering principles in order to allocate costs to their applicable asset classificationsCalculation of the depreciation schedule using MACRSAs a reminder, bonus depreciation started to phase out in 2023.
Rich Van Huesen The difference between delinquency amount and loan amount on a default notice.
24 September 2024 | 2 replies
Those numbers do not seem correct, unless you are using terms like loan amount of $104,000 is the unpaid principal balance (which is the amount that accrues interest), and the $270,000 is the total payoff.There are two components to a mortgage statement - the first is the reinstatement amount - this is the amount to bring the loan current.
DeAndre Mason Cash Out Refinance
26 September 2024 | 3 replies
That will give you a clear cut view. 
Adam Hoeker Managing the Finances
27 September 2024 | 15 replies
It was worth every penny because now I’m properly organized and it significantly cut down the amount of time it took my accountant to prepare my taxes.
Alex Keim Is it worthwhile to list on multiple platforms
2 October 2024 | 48 replies
Why would you cut yourself off from a large segment of people.
Michael Davis Need someone to stamp plans ASAP
26 September 2024 | 10 replies
But I would recommend cutting out the middle men.