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13 August 2024 | 69 replies
These include falsely claiming to have closed dozens of deals when none were ever closed, illegal payment of undisclosed sales commissions to bundlers and independent contractors, advertising the funds as safe and appropriate to investors with obvious near-term needs for their capital, creating fund of funds en masse assembly line fashion with no corresponding SEC filings, unregistered brokers/financial advisors acting in that capacity absent licensure, having customers wire money claim the fund is fully subscribed and putting them into a high yield promissory note, accepting funds from unaccredited investors, misrepresentations about the debt put on the project, lies about experience level of the principals, omissions of material facts, and at least two straight up Ponzi schemes.While it's true that some legitimate operators are having issues in their portfolios, today's circumstances are a perfect example of the idiom, "you can only discover who is swimming naked when the tide goes out."
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7 August 2024 | 8 replies
Note, I only used straight-line depreciation so line 26 is blank/0's.I have filled out the Unrecaptured Section 1250 Gain Worksheet in the Schedule D instructions.
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14 August 2024 | 64 replies
They have frequent live calls and the community is generally positive.Analyzing their backlink profile, and the profiles of a few I know who have used their backlink service, it's straight trash.
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6 August 2024 | 4 replies
I have been approached in the past by investors who want to buy the Atlanta portfolio, but they always want to buy at a discount.
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6 August 2024 | 5 replies
Go straight into a 30 year loan and lay out 20% of the 280k.
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6 August 2024 | 54 replies
This is common practice of discount airlines.
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6 August 2024 | 17 replies
I have another subto student i'm partnered with and we're buying straight off the MLS for section 8 housing.
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6 August 2024 | 0 replies
The residents do not cause problems, they are generally on social security so if you give them a 5% discount they will pay their rent a year in advance, and they will host fundraisers to improve "their" clubhouse.
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7 August 2024 | 17 replies
For example, maybe you make a deal with other providers to sell gift certificates for their businesses at a small discount to help them gain business.
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6 August 2024 | 8 replies
The entry hallway (left to living room, straight to kitchen, right to private hallway leading to bedrooms and bathrooms) has tiles - same tiles as the ones in the kitchen.