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19 November 2024 | 2 replies
This has the potential to be passed later this year.For additional questions, checkout this article on Cost Segregation FAQs.Have you had a cost segregation study performed on your commercial property?
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20 November 2024 | 11 replies
If not, selling the house to an investor could be quicker to access some cash.
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19 November 2024 | 4 replies
You can then GC the project yourself and let them help be eyes and ears and offer you the speed to get the projects done on time.As for financing, I had great success using a commercial loan product with a small community bank.
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19 November 2024 | 10 replies
Alternatively, consider a cash-out refinance to access equity without triggering capital gains or explore a 1031 exchange to defer taxes by purchasing another investment property.This post does not create a CPA-Client relationship.
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17 November 2024 | 2 replies
Access to financing, such as 90% of the purchase price, can significantly lower the entry barrier, but success still depends on having a well-thought-out plan for managing renovation costs, timelines, and potential risks to ensure a profitable outcome.
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15 November 2024 | 13 replies
Insurance for our properties is a commercial (expensive) policy, in the name of the entity instead of in our own name.
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17 November 2024 | 9 replies
I’ll also add that it could be an especially good fit for you given that you’re primarily after cash flow.The other options you list—land, multifamily, commercial real estate, etc.
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19 November 2024 | 4 replies
And when I go camping pulling the trailer I would still be a commercial vehicle .
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19 November 2024 | 10 replies
In-unit washer/dryer is always a plus people are willing to pay more for, but even it's just on site and not necessarily in their unit it will perform better than a space with no access to laundry.
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18 November 2024 | 14 replies
Or even purchase something larger such as multi-family or commercial that provides better cash flow.