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13 June 2024 | 5 replies
Use A/B testing to see which ads perform better and adjust your strategy accordingly.
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13 June 2024 | 16 replies
Is there a reason they are willing to be so accommodating to get this property, is everyone turning them down.Can the concession be a combo of pulling payments forward and paying higher rent, like pet rent.I would say stick to your gut and your criteria, but consider the gray areas to see if any criteria or reactions need adjustment.
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13 June 2024 | 10 replies
Tax rates are adjusted every 3 years and can run anywhere from 2 to 4.5% which can significantly affect cash flow from property to property.
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12 June 2024 | 10 replies
As an investor, you want to LIMIT emotional exposure to properties and only focus on the numbers.Once you have it under contract you rely on a GREAT inspection to determine if a price adjustment is needed or to cancel.
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13 June 2024 | 16 replies
@Marc Shin I think some minor adjustments to the façade could fix any "curb appeal issues".
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12 June 2024 | 8 replies
Another CPA can correct me if wrong but I don't think there's going to be any recapture here.27.5 to me implies 1250 property and if acquired after 75' means no additional depreciation to recapture.I think there would be unrecaptured 1250 in the amount of the depreciation taken previously, max 25% at ordinary rates.The total gain less unrecaptured 1250 I believe would be 1231 capital gains, not considering other factors like look back and netting rules.Also the land would be 1231 and would get capital gains treatment.And personally I would subtract selling costs as a capitalized selling cost.Amount RealizedLess: Adjusted BasisRealized Gain/LossLess: Selling ExpensesRecognized Gain 1001I could be wrong though so correct me if so.Article for those interested:Depreciation recapture in the partnership context (thetaxadviser.com)While Sec. 1250 only requires additional depreciation to be recaptured as ordinary income, Sec. 1(h)(1)(E) subjects unrecaptured Sec. 1250 gain to a maximum tax rate of 25%.
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12 June 2024 | 20 replies
There are choices for the comparable sales inputs, discretion used for the adjustments, etc.
12 June 2024 | 3 replies
They typically have fixed or adjustable interest rates, terms ranging from 5 to 20 years, and amortization periods of up to 25 or 30 years.SBA 7(a) Loans: The U.S.
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12 June 2024 | 4 replies
Moving forward it is best practice to obtain your own third party estimate for repairs and use that support the repair contingency or price adjustment so that the seller has no influence on the cost estimate or timeline.
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12 June 2024 | 7 replies
You can accept the bid, and then talk this through with the cleaner to adjust the price and making sure all your demands will be attended professionally.