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6 June 2024 | 2 replies
Hey All, If you have been thinking of buying/or selling a condo there are a few new mandates that are going to be required from each association in regards to the Milestone Inspection and Structural Integrity Reserve Studies.
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5 June 2024 | 3 replies
(BTW, I have a hypothesis that because it smells so bad and is full of VOCs, original formula MH Ready Patch is repellent to boring and wood-eating insects, but that's just my wild guess).
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6 June 2024 | 4 replies
I do out of state investing but I studied the market over 6 months and spoke to several agents, contractors, Sphere of Influence before jumped in.
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5 June 2024 | 6 replies
I'd be happy to help with research, demographic and demand studies, unit mix and layouts, PPSFs, etc if needed.
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5 June 2024 | 7 replies
EDIT - The house itself is a bit boring IMHO.
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5 June 2024 | 9 replies
Dedicating time to study and learn through resources like YouTube, BiggerPockets, and other sites is invaluable.
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5 June 2024 | 6 replies
You are definitely in the right place.I'm a 2x house hacker (case study in the BP book The House Hacking Strategy) and an OOS investor of MFU.Good luck!
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5 June 2024 | 2 replies
I have been studying the markets since 16 and learning as much as I can.
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5 June 2024 | 4 replies
Some examples of this would be 1) depreciation calculations such as switching from straight-line depreciation to accelerated depreciation (often used for cost segregation studies when not performed in the year placed in service), 2) income recognition, and 3) inventory valuation such as changing from LIFO to FIFO.Correcting a mistake: If you realized that you used an incorrect accounting method after you filed your tax returns, you can file this form to request permission to change to the correct accounting method so that your tax reporting is accurate.Here’s a chart that you may find helpful when deciding whether you need to amend your return or file a Form 3115.As always, I recommend consulting your CPA or tax advisor as the rules can be complex.What is your experience with filing a Form 3115 or amending your tax return?