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15 October 2024 | 4 replies
The county is the second fastest-growing in the U.S. and the fastest in North Carolina.The zoning for the project is already approved, and with our captive audience of potential tenants, I’m confident that all units will be leased upon completion.I’m seeking advice on how to best structure this debt with a private investor or investors in the short term until the property is fully rented and long-term financing is secured.
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15 October 2024 | 9 replies
We've found it has superior reporting features, integration features, and is overall more efficient to work within than other REI-specific software.The downside is QBO is not set up for REI so you'll need to do that or work with an expert to ensure it is set up for your business appropriately.Something else to keep in mind is your entity structure and how your entities file tax returns.
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16 October 2024 | 8 replies
I understand showings are part of the deal when a property is being rented or sold, but this seems like a huge breach of security and tenant rights.
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17 October 2024 | 14 replies
Cohen, I can secure the funds for you based on the ARV immediately (0 months), let's get to work on this.
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15 October 2024 | 0 replies
Here are some items that are specific to warehouse:Loading DocksInterior FinishesHVAC SystemsSafety and Security AlarmsLand ImprovementsSpecialized Electrical SystemsMaterial Handling EquipmentAs you can see, cost segregation can allow multiple items to be reclassified to shorter useful lives, accelerating depreciation and creating immediate tax savings.
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16 October 2024 | 11 replies
You/Me need to become the absolute experts on this--its your blood sweat & tears.
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16 October 2024 | 10 replies
However, structuring this in a way that complies with tax law would likely require expert legal and tax guidance, as it involves partnership agreements and IRS regulations.
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11 October 2024 | 7 replies
They are expert in doing this and analysis of the property.
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15 October 2024 | 7 replies
Some people have other income sources such as Social Security, pensions, etc.
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14 October 2024 | 1 reply
Hey there, I secured a 10-acre property back in May that can be subdivided into two fives.