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28 February 2024 | 130 replies
Cap rates are not static, they are a function of building and neighborhood quality.
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27 February 2024 | 13 replies
They're not only expensive, but almost impossible to reach - a function of supply and demand, but also told there's partiality to locals and we're not.So is there such a thing as traveling contractors, and if so, where can they be found?
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27 February 2024 | 4 replies
Instead of 2 nightstands and a dresser, go with a 3-drawer chest on each side of the bed that will function as both.
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1 March 2024 | 97 replies
Looking back, Peter's software cost 2 times the cost of the best commercial real estate software with far less functionality!!!!
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28 February 2024 | 63 replies
Most of the recent posters are missing this point.The issue is what capacity you're an investor in the syndications, and the interplay thereof with IRC Sec. 469, as an interest as a limited partner, or the functional equivalent of an LP, generally raises the bar under 469 to take the syndication losses as non-passive.You claim you're "a passive investor (not Gp, Lp or KP)", but this statement further muddies the water, not clarifies.
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28 February 2024 | 13 replies
Honestly, we should have been easy clients - we came to him with a plan in place wanting his help on claiming REP status, setting up a cost segregation for a rental property bought and functioning in 2022, so that we could file for 100% bonus depreciation for that tax year.
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24 February 2024 | 8 replies
However, Credit Karma doesn't really offer the same functionality.
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25 February 2024 | 5 replies
QuickBooksQuickBooks can be a good option for tracking the financial aspects of your deals, such as downpayment, funding sources, mortgage details, and cash flow.Pros:Widely used, with robust reporting features.Can track both income and expenses, making it easier to manage the financial health of your properties.Offers integrations with banks and lending institutions for easier transaction tracking.Cons:There might be a learning curve if you're not familiar with accounting software.May require customization or additional apps to track all the specific real estate details you mentioned.3.
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26 February 2024 | 9 replies
Vacation rental dwellings require furniture and furnishings but also completely functional homes.
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26 February 2024 | 28 replies
If your not adding on to the home, or more specifically, adding a bedroom, you should be just fine with the existing system (they won’t MAKE you replace it)... that is to say it should be fine as long as it’s functioning correctly.