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16 May 2024 | 24 replies
I re-categorized thousands of transactions and discovered missing items like equipment depreciation, which not only affects 2022 taxes, but will be valuable for years to come.
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15 May 2024 | 1 reply
For newly constructed, purchased or renovated properties and also retroactive generally over the last 10 years, building components are properly classified into individual units of property and accurate recovery periods for computing depreciation deductions.
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16 May 2024 | 17 replies
The other component that makes me nervous is how fast properties have run up over the past 3-4 years and will that leave any appreciation for the net 3-5 years?
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15 May 2024 | 3 replies
So the DSCR’s PITI component is based on the payment as if it were a 30 year amortizing loan right?
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15 May 2024 | 3 replies
Surveying has a lot of 'art' and nuance to it as well as the mathematical component.
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13 May 2024 | 3 replies
Recently, I discovered that I'll likely have to repair the foundation of my house to prevent any new cracks from forming through the cinderblock walls, however, I'm not sure other large expenses I should look out for.
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14 May 2024 | 3 replies
When they left, we discovered that the dogs peed all over the house.
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16 May 2024 | 17 replies
(owe $15,000) very low interestLive at parents rent free- $0 monthfurniture credit card- $2400/$6000 $150 a month. (0% interest)Discover card - $3369/$4000 $150 month ( 0% interest) Navy fed card- $2,700/$11,000 Navy fed card - $13,000/$16,000Around 5 other credit cards which have no balance on them.Assets:I own a 2014 BMW 550i which is worth around $15,000.
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14 May 2024 | 4 replies
Along the way discovered some of the walls were rotted out due to previous termite damage.
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14 May 2024 | 2 replies
Some lenders have clauses that could trigger the due-on-sale clause if they discover the ownership transfer.Seller Financing Terms: The seller financing terms seem favorable with 0% interest for the first 2 years.