Nick C.
Amend Return or Utilize Carry Forward
26 May 2024 | 8 replies
I also received a 1099-Misc and 1098 from Capital Square along with a document titled Important Tax information which included a letter calling out the Cost Segregation Study, an income statement and balance sheet.My 2022 taxes were done by a different firm and this year, they "partnered" with another company who took over tax preparation.
Solomon Rosenberg
2 Capital calls in 2 weeks! Ouch
26 May 2024 | 102 replies
And that determination wasn’t so hard to make, even back in 2020-2022 when we knew interest rates would rise, multifam were getting flipped left and right, and cap rates were insanely low.TLDR: in the real estate game ya gotta know when to hold ‘em, and when to fold ‘em :)Good luck everyone.
David Pereira
Thoughts on buying multi family all cash(duplex,triplex)
25 May 2024 | 6 replies
As market values plunged, banks called loans (lines of credit) and held firm on builder draw dates.
Will Ostransky
Investing in Little Rock & Market Analysis Resources
24 May 2024 | 1 reply
And what resources/websites do you like use to analyze a market for things like: job growth, population growth, unemployment rates, crime rate, what big companies/firms are there/moving in, etc.?
Brian Plajer
Tax/financial planning services
24 May 2024 | 17 replies
I agree with @Michael Plaks - having them provide financial and tax strategy together is not necessarily a good thing.Interesting to note - all of the largest asset management / financial advisory firms I work with...none of them do tax work, they all coordinate with a tax firm to address those needs.There are true "fee only" financial advisors out there.
Zachary P.
Ellis act eviction or buyout in San Francisco
24 May 2024 | 7 replies
I am currently in negotiations for buyout, it appears non protected are holding firm at 40k total and the protected tenants want 85k total.
Andrew McGuire
I'm Buying Negative Equity Properties and I'm Excited About It
31 May 2024 | 149 replies
And what happens when 6 months later that seller is at, say a family reunion and talking to wife's 2nd cousin Fred, the Real Estate Attorney from whatever towns away, and something get's mentioned of it and Fred get's all interested and tells em that's illegal and hes now implicated in a crime and holly-cow hes gotta report this to police NOW and geeks out on seller, so seller starts geeking out thinking "I'm too pretty for prison" and so on and so fourth....
Mark C.
How to roll up Individual LLCs into a Wyoming Holding LLC
23 May 2024 | 9 replies
d) Is there a good CPA firm that can handle all of this for me?
Alex Locklear
How much caulk?
20 May 2024 | 11 replies
I'm a firm believer in "do your best, caulk the rest" and I don't think I I've used 24 tubes in my entire life, I've painted some crappy houses too.
J Smith
Is This a Place for me?
24 May 2024 | 12 replies
There's not a lot of accountability in some firms I found.