
16 November 2024 | 14 replies
.: Thank you for the very specific response!

17 November 2024 | 30 replies
Really appreciate the responses.

15 November 2024 | 6 replies
If the software is not simplifying your life or making you more accurate, you shouldn't use it.

21 November 2024 | 14 replies
Thanks for the responses gents.Believe it or not the area I'm in has NO ZONING!

19 November 2024 | 24 replies
Having a good game plan as an investor is key, making wise purchases, accurate budgets, holding subs accountable and to also know, yes, this may be the current ARV at purchase, but how is this market trending and what’s our timeline.

12 November 2024 | 17 replies
Everything I mentioned above is accurate and based on real results, not just opinions.

13 November 2024 | 2 replies
Imagine you bought a property for $2M.The land (excluding any structures) is valued at $400K.Since land is not depreciable in the eyes of the IRS, we subtract the land value from your purchase price to get your depreciable basis.Your depreciable basis is simply where a cost seg engineer starts from when allocating your eligible assets into either 5, 7, or 15 year property.In the scenario above, your starting basis would be $1.6M since your basis = your purchase price - the land value.Having an accurate land value is essential to getting your depreciation/bonus depreciation calculations right.This is the starting point for any cost seg study that you do.

16 November 2024 | 32 replies
response. easy to spot perfect spelling and punctuation.

16 November 2024 | 7 replies
Quote from @Michael Dallas: Quote from @Jonathan Greene: Thank you for the response!

21 November 2024 | 39 replies
Obviously an unproportionate response to the potential risk of a shoot-out in the parking lot.Most people who ask the asset protection question have no assets to protect that are large enough to make them a viable target.