Joe Scott
Tax return size --- an audit flag?
18 October 2024 | 8 replies
The IRS typically selects returns for audit based on unusual or suspicious patterns, not the sheer length of a return.
Sanjeev Advani
Chicago’s South Side Quantum Computing Campus in the Works
16 October 2024 | 1 reply
Though the timeline for the project remains uncertain, the vision is clear: Chicago is poised to lead the future of technology.
Jeremy Altdorfer
20 units multifamily owner can't show proof of income via bank statements
16 October 2024 | 11 replies
I would assume asking proof of income on something like this is not unusual to request in a sale.
Kenneth P Ford
Property Manager Review
14 October 2024 | 9 replies
I'm a bit uncertain about Dayton.
Malik Javed
How to Allocate Land vs. Building Values for Investment Property
17 October 2024 | 4 replies
To do this, divide the cost based on the ratio of the fair market value (FMV) of each asset to the total FMV of the entire property at the time of purchase.If you are uncertain about the FMVs of the land and the buildings, you can alternatively allocate the cost based on their assessed values for property tax purposes.Source: IRS Publication 527 (Residential Rental Property)
Abhishek Agarwal
Advice Needed: Seller's Counter Offer Raises Concerns - LTV, Inspection Timing.
15 October 2024 | 6 replies
I want to make sure I'm not overlooking any potential risks or unusual requests in this counter offer.Thank you in advance for your help!
Andrew Erickson
Made in China: California Licensed Manufactured Homes
17 October 2024 | 21 replies
I mean the challenge is in complying with them with an unusual structure.
Brett Jurgens
Make deals pencil by making SFRs sustainable – $200 in additional NOI / month
15 October 2024 | 8 replies
People in a particular business saying that their product or service is great, they’ve done it hundreds of times and it’s been great, is not unusual, whether true or not.
Olivier Chaine
LLC Transfer - for Loan
16 October 2024 | 5 replies
Somewhat unusual situation: we are in escrow on a property, and the current lender was going to underwrite the new loan.
Dan N.
Just closed on 1st property - Here are some lessons I learned
15 October 2024 | 6 replies
Along with risks of natural disasters some areas of the country are also more litigious or even have more uncertain jury pools and that can also play into insurance pricing.