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12 December 2024 | 10 replies
Remember to looking into rental and cost seg to wipe out entire taxes form your Flips.This post does not create a CPA-Client relationship.
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11 December 2024 | 5 replies
I would keep and organize all of your communication around this issue, including gathering pictures of the unit and the area in question that was repaired.
13 December 2024 | 4 replies
HI @Sufyan MinhasI can only speak for Texas but I recently had a client try and sell his condo after 19 years and the HOA killed the deal.
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11 December 2024 | 2 replies
The typical clients that seek out cost segregation studies include:Real estate companies that buy and sell multiple properties each year.Individuals with a portfolio containing investment properties including apartment buildings, multi-family homes and even single residences.Franchise owners with properties that are similar to one another such as assisted living facilities, storage facilities and golf courses.Business owners of hotels, food facilities, shopping centers, restaurants or manufacturing plants.It depends on the type of property, but generally 15-45% of the building’s costs can be classified into assets with a shorter life.
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9 December 2024 | 7 replies
That took quite a while to do when I first wrote it, to gather all that info and do the research.
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11 December 2024 | 1 reply
Hey everyone-We have clients looking to dive into out-of-country investing in Ireland specifically.
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16 December 2024 | 12 replies
After they renovate, they sell it to Doorvest clients (people like me) for ~150K-170K.
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12 December 2024 | 6 replies
I have another client who was renting by the room.
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11 December 2024 | 6 replies
Stick with classic neutrals to appeal to the widest range of buyers.There are situations where clients touring homes immediately pass on properties due to strong or unusual color choices.
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11 December 2024 | 11 replies
If risks feel too high, consider waiting until your live-in flip is complete and your position is stronger.This post does not create a CPA-Client relationship.