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7 January 2022 | 6 replies
If you intend to aim it at W2 Millennials, maybe a Chipotle would be a good fit.And about the restaurant, the menu drives the equipment selection, so when you say you have bought a restaurant, you have bought a menu.I say this because a restaurant is a unique business, and you might want to lease out the space to a successful operator looking to add a second (or more location).
7 January 2022 | 0 replies
I am a small business owner looking to finance equipment/finance property in the Jax, FL area.
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8 January 2022 | 3 replies
Personal property like stocks and heavy equipment, planes etc no longer qualify.The exception to this would be Delaware Statutory Trusts which have been specifically blessed by the IRS as 1031 replacements.
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9 January 2022 | 6 replies
I feel inadequately equipped to offer perspective.
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10 January 2022 | 3 replies
Sorry I could keep going as this is What I Have do for 30 years This is My current field of work.With out seeing the property or knowing all Linear feet of all materials and depth of utilities and soil conditions, equipment and personnel, import/Export, Subs, just to spit ball a price is not possible.there are so many more things that are involved with what your asking for.
11 January 2022 | 5 replies
In such case, you would hire an asbestos removal company although some contractors are equipped to work around asbestos.
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10 January 2022 | 0 replies
This is extremely helpful for the tax savings benefits but also because many of the assets used in a restaurant business need to be replaced much sooner than 27.5 years.Some of the major benefits of Cost Segregation are:Reduction in real estate taxesReduction in casualty and property insurance premiumsFor previously misclassified assets, you will now have the opportunity to claim any “catch up” depreciationBy accelerating depreciation, you increase your cash flowHaving additional cash allows you to invest that money back into your business, invest in other opportunities or pay down your mortgageHere’s a list of personal property that could qualify for accelerated depreciation:Drive-throughCanopies and awningsFlooringPoint of sale systemsDecorative millworkKitchen equipment hook-upsDoorsEquipment installationHVACWiringBeverage equipmentFood storage and preparation equipmentFloor coveringsSignage site improvementsInterior light fixturesFire protection equipmentThese studies should be conducted with your cost segregation specialist, CPA and financial advisor.
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30 January 2022 | 3 replies
Maintenance on bigger homes like this is a BIGGER expense than normal.Larger roofs, crazy roof lines, multiple HVAC's, grande sized pool equipment, property tax increases.Plus ongoing asset maintenance costs, such as mold forming in a veranda ceiling that needs to be removed and repainted, etc...That out of the way, if there are not a lot of takers for this place, could you do an OWC, or a Lowball.What I mean is there any scenario where you could step up to the plate on your own and buy it?
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8 May 2022 | 1 reply
It is an existing location fully equipped, sold as is the add said.
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3 February 2022 | 3 replies
For security I like Ring products as they are low monthly costs ($10/month), yes the equipment costs up front may be a few hundred dollars but keeping your monthly costs low will increase subsequent cashflow, traditional alarm companies can be 40 to 60 a month.