
26 February 2025 | 98 replies
My accountant wants me to start doing this in the event of an audit being I’m starting larger projects and will be implementing cost segregation Thanks

4 March 2025 | 4 replies
.), appliances, carpet, and furniture used for residential real estate.7-year Property: Office furniture and fixtures (desks, filing cabinets, safes)15-year Property: Certain improvements made directly to land or added to it (such as shrubbery, fences, roads, sidewalks, and bridges)There are multiple approaches to cost segregation studies including the Detailed Cost Approach, Detailed Cost Estimate Approach, Survey Approach, Residual Estimation Approach and Sampling Approach.If you feel like you or your business could benefit from a cost segregation study, first speak with your accountant to see if the tax savings outweigh the potential costs.

24 February 2025 | 2 replies
Between the time associated with making the investment, tied up capital and associated stress involved, even if the investment breaks even or produces a small gain most would look back and wish the money sat in their account until a better opportunity presented itself.
17 February 2025 | 11 replies
Some will accept a HELOC or cash-out refinance as liquidity, while others require liquid cash in a bank account.

1 March 2025 | 86 replies
I asked for ad copy and accountability of all adds and money I spent, only to be ignored.

11 February 2025 | 20 replies
The other hurdle many run into is that you need to have funds to close and cover reserves in a US based bank account.

26 February 2025 | 6 replies
However, make sure to account for renovation costs, HELOC interest, vacancy rates, and local rental laws.

4 March 2025 | 13 replies
There was another account that provided an amazing breakdown and really made me focus on where I place deductions.

25 February 2025 | 17 replies
.$847 in the bank699 Credit Score133% revolving utilization/over the limit maxed out personal credit cardsQuite a bit of other high interest debt/loans borrowed during the first year in business$3,580,000 Appraised Portfolio Valuation$2,139,400 DSCR Mortgage Debt in my LLCs$1,440,600 Equity (Appraised Value-Mortgage debt)8 Remodeled SFRs1 Converted Remodeled Duplex2 SFR Remodels currently in process2 Apartment Buildings - 13/14 units occupiedA little more experience to say the least234 Audible books in my libraryAs I'm sure any experienced investor can gather, having the sizable amount of personal debt as I do, supplier house account payments due, PMLs that need to be paid, etc, not having liquidity/any money in the bank is an ISSUE.

3 March 2025 | 104 replies
A lot of SubTo transactions don't take these considerations into account when filling out their future loan applications.