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19 October 2024 | 4 replies
@Jackie Liu you probably have enough info to deny their application, but if you want to continue to try to approve:1) Ask applicant for copies of their lease(s) to support they've been there for 4 years and who PMC is.2) Get 2023 W-2 to see what address is on it3) Ask them to obtain and provide you with their FULL electricity account history.
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21 October 2024 | 9 replies
My brother and I made it through a 6 month live-in flip and put $10k into my checking account tax free.
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24 October 2024 | 55 replies
So I'm sure most of us have an instagram (or FB) account and have come across coaches like Thach Nguyen and Jake Leicht showing how they used real estate methods (flipping, brrrrr, etc) to make loads of money and promising to show you all their tricks if you just pay them $5000+ for their content.
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13 October 2024 | 11 replies
This could happen in an emergency scenario so it is good to know what the numbers look like.How do you account for depreciation from the cost seg that was offset by rental income cash flow over time?
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19 October 2024 | 16 replies
I have a local Airbnb employee assigned to my account.
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10 October 2024 | 9 replies
We have run a cost seg study on the property and qualify for 80% bonus depreciation.
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15 October 2024 | 3 replies
This has all been accomplished in just a few short months.5.Tax Benefits & Investor Alignment: We’ve lined up cost segregation studies, allowing our investors to benefit from bonus depreciation in Year 1.
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19 October 2024 | 7 replies
How can the other variables not be accounted for??
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16 October 2024 | 11 replies
Do you believe online accounting services like 1800 Accountant are good for the owner of a Real Estate LLC?
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17 October 2024 | 16 replies
Not so much the lender but the account executive working at the company.