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15 November 2024 | 1 reply
What made you interested in investing in this type of deal?
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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.
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14 November 2024 | 7 replies
My question is, do you know where we could advertise this type of sale?
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21 November 2024 | 39 replies
From my perspective, as a California litigation attorney for nearly 35 years, most folks completely focus on the wrong things, especially if they have never seen the inside of a courtroom.The op has posted from the perspective of a property owner seeking protection from tort type liability claims.
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20 November 2024 | 37 replies
California is NOT one of those states that exempts this type of lending.. there might be a small carve out for a few loans a year privately done but if you hold yourself out as a lender your need a license.
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14 November 2024 | 2 replies
Typically, HUD charges a daily fee for extensions, which varies depending on the property type and the number of extensions requested.To request an extension, contact your HUD representative or the Asset Manager handling the sale.
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14 November 2024 | 10 replies
I am looking for any type of avenue that would give me first hand experience in any aspect of real estate investing, managing, etc.
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14 November 2024 | 9 replies
What type of investment property are you looking to acquire?
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21 November 2024 | 305 replies
I graduated from UofSC in 2002 and it was incredibly rare for any type of parental involvement when my friends and I lived off campus.
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14 November 2024 | 2 replies
What are some of the challenges an owner would have accepting this type of deal.