Wiley Hood
Are DIY cost segregations a good idea?
12 January 2025 | 28 replies
Here's a https://www.irs.gov/businesses/cost-segregation-audit-technique-guide-chapter-4-principal-elements-of-a-quality-cost-segregation-study-and-report to the IRS website noting specific items that are included in the cost segregation study report. hmm, that website is a 404 error.
Jeremy Jareckyj
Mid Term Rental Agreement
29 December 2024 | 15 replies
I have one I have drafted up but would love to compare against others.What are some items you always included in your MTR rental agreements?
Brett Riemensnider
First Time Landlord - Tenant Placement In Minneapolis Area
13 January 2025 | 6 replies
Last year January MN enacted the biggest # of changes all were added details and raised the bar of requirement for Landlords, including some specifically detailing how a listing must be detailed.
Rene Hosman
How do you keep yourself accountable to your goals?
13 January 2025 | 5 replies
The other business I run is reselling, listing items on eBay & FB.
Julio Gonzalez
Cost Segregation Study Approaches Explained
31 December 2024 | 0 replies
These methods include: Detailed Engineering Cost ApproachDetailed Engineering Cost Estimate ApproachSurvey or Letter ApproachResidual Estimation ApproachSampling or Modeling ApproachExperience or “Rule of Thumb” ApproachIt’s important to understand the differences between the approaches including which one best fits your property and the reliability of each approach.DETAILED ENGINEERING COST APPROACHThis approach compiles the costs from construction and accounting reports to build a report.
Torrean Edwards
Stepping out on faith, but looking for support/advice
13 January 2025 | 7 replies
Thank you everyone.WIiling to share more details if people are interested!
Jonathan Baptiste
How to stock your airbnb best practices
12 January 2025 | 14 replies
Just clearly state that you supply a starter supply of listed items and you should be fine.
Deborah Wodell
How Do You Keep Rehab Costs Under Control on Your Flips?
4 January 2025 | 4 replies
Make sure the estimates are very detailed (scope, SF, $/sf, schedule, etc) to ensure that there is a clear dilation between contract work and change orders.
William J Anderson
Introduction and Seeking Advice on T-12s
27 December 2024 | 8 replies
Because looking at the T12 from a 100 units will be different from 20 units will be different from 5 units in some of the line items (account names).