
13 November 2024 | 10 replies
While the IRS does not mandate a physical site visit, the IRS cost segregation audit technique guide (ATG) does suggest conducting “field inspections.”It’s important to note that the ATG is not an official IRS document.It serves as a guide and cannot be used, cited, or relied upon as an authoritative source.However, the recommendations in the ATG are worth considering.According to the guide: “A field inspection is recommended to document the physical details of the building, type of construction, materials used for construction, the assets contained in the building, the size and types of building systems, and any land improvements that were included in the purchase of the property and the condition of that property at the time of purchase.”So while the IRS does not require a site visit for cost segregation studies, following the guidance from the cost segregation audit technique guide can be beneficial.

20 November 2024 | 45 replies
@Jay Hinrichs wouldn't eliminating Brokers decrease competition, and access to competitive offerings?

13 November 2024 | 0 replies
Our strategic improvements and targeted marketing paid off, resulting in a successful sale on 10/25/2024 for $260,000.

15 November 2024 | 8 replies
Be sure to get a broker that specializes in these policies, some people are brokers but still do not have access to these types of insurance policies.

14 November 2024 | 25 replies
Access to the MLS doesn't really give you any advantage.Everyone is struggling to find deals.

17 November 2024 | 30 replies
A partnership LLC structure is not required to access these benefits.In short, you don’t need a partnership LLC to claim depreciation or deduct rental expenses.

14 November 2024 | 1 reply
I guess the purpose for this is to help fund community improvements and maintenance though it's a bit unusual since HOA fees and property taxes typically cover these.

15 November 2024 | 10 replies
They could remove the nest if it’s inactive or give you safer access if further treatment is needed.

15 November 2024 | 6 replies
The location and access to amenities make it a super desirable area so you need to keep an eye on inventory and competition.

14 November 2024 | 2 replies
He is easily accessible if you find him online and he is a great guy.