Scott Schnabel
New Regulations in the City of Cleveland
3 January 2025 | 18 replies
Nothing you are saying here is incorrect.
Wiley Hood
Are DIY cost segregations a good idea?
12 January 2025 | 28 replies
The report is as good as the answers you provide to their questions.The risk is that you answer a question incorrectly which generates an incorrect report.I would have a discussion with your CPA to determine what the land basis is(required to start the cost segregation).I would also have your home inspection / appraisal on hand to answer the questions more thoroughly.
Timothy Franklin
STR sub-to/ portfolio
1 January 2025 | 26 replies
There are some “hot button” topics on BP which bring out “knee jerk” reactions and sometimes incorrect assumptions from some of us long time and frequent participants.
Dominic Holt
Property Management Recommendations AZ?
31 December 2024 | 10 replies
This misunderstanding stemmed from incorrect lease terms indicating washer/dryer access when we did not actually have any washer or dryer set up.
Joe Cal
Team exit questions
30 December 2024 | 0 replies
Here is the situation:- I signed a commitment letter that has the incorrect brokerage logo.
Mayra Ochoa
Compliance issue on LE
23 December 2024 | 1 reply
Compliance states there is no way to remediate this unless a new file is created. lender credit is 6900 which is the seller concession and no COC can be issued for “incorrect” lender credits.
William J Anderson
Introduction and Seeking Advice on T-12s
27 December 2024 | 8 replies
It is incorrect, but it will also lower your value!
Brooke Zollinger
Alternatives to Comparing Comps
24 December 2024 | 1 reply
No realtor is just going to run comps for you unless they are a good friend of yours, and even then, they usually will run them incorrectly.
Rick Im
Discrepancies with public records
28 December 2024 | 4 replies
Do you think this classification might be incorrect?
John Davey
Can you deduct interest (primary house) from a home equity loan to buy a rental?
3 January 2025 | 11 replies
That is incorrect in the rental properties context.