
30 September 2024 | 17 replies
If the one lender won’t, the next one will just wake sure there is no deferred maintenance.

1 October 2024 | 6 replies
From the info presented here he's a crook. " likely copper bad too"???

1 October 2024 | 14 replies
That means you’re in the driver’s seat, deciding what needs to get done for maximum value, versus what can be deferred until later.

30 September 2024 | 1 reply
Fast forward to present time, I never got to complete the house and lost over $200K on the deal.

1 October 2024 | 15 replies
Under the involuntary conversion rules, my understanding is you could defer gain recognition on the insurance payments if you reinvest in similar property within a certain timeframe, but that doesn't interfere with taking a write-off on the old roof's remaining depreciation through a partial disposition.

30 September 2024 | 0 replies
It's not the most exciting part, but future-you will thank present-you for being prepared.

1 October 2024 | 9 replies
Many flippers use private investors to fund deals, and structuring the arrangement properly is key to ensuring both sides feel secure.When pitching a private investor, the most important thing is to clearly present the deal.

30 September 2024 | 9 replies
What they will do if your DIY-ed cost segregation is audited is they will send you an engineer (you pay travel costs) to conduct a "real" cost segregation study and present it to the IRS instead of yours.5.

30 September 2024 | 11 replies
All normal capital invested that was not generated from a gain that you deferred is still subject to tax.
30 September 2024 | 3 replies
If it's vacant and really needs cleaning/repairs, then I'll wait until it's more presentable.2.