Julio Gonzalez
Is my property a good candidate for cost segregation?
17 January 2025 | 2 replies
This allows for proper retirement of assets.If a property has already been sold it may still be a good candidate for cost segregation as long as you sold the building and have not filed the tax return.
Tayvion Payton
Seeking Advice: Is $850K a Reasonable Offer for This Multifamily Property?
13 January 2025 | 17 replies
If the deal is good enough their may be enough returns to pay investors as well as yourself.
Nicole Graziano
Tax's: negative income made on flips
3 January 2025 | 4 replies
There will likely be a partnership return required where you flipped a house with a partner and lost $120,000.If you sold the other property within the same partnership, it will also be reported on that partnership return.The net result to you is that you will receive a K-1 showing your income / loss which you then use to report on your individual return.If you made no money within the same year, you likely pay no additional taxes / get no additional refund.Best of luck.
Daniel Borgenicht
Investing in a condo as a long term rental
13 January 2025 | 3 replies
Not only does it hurt the returns, it is a very attractive target for ambulance-chasing lawyers and title fraud.
Adam Aero
To renovate basement or not for appraisal?
15 January 2025 | 4 replies
I would get together with your realtor, have them tour your property and then run comps to see what the value add would be, then simply pencil it out to determine the return.
Tayvion Payton
Investing in MultiFamily
12 January 2025 | 20 replies
You need to understand how to drive the Net Operating Income to produce a good solid return.
Roy Gottesdiener
Pulling out equity will kill my cash flow but I want to grow my portfolio
31 December 2024 | 9 replies
$400k equity is producing $1600/month cash flow for a return from the cash flow of 4.8%.
Devin James
Do you prioritize equity growth or cash flow in your investments?
5 January 2025 | 18 replies
I focus on total return.
Ricky Smith
Advanages of setting up a separately run management company?
13 January 2025 | 3 replies
From an operational standpoint you might also want to consider the cost of any extra tax returns that are needed by the entity as well as any extra accounting fees.Good Luck!
Alex Clark
is Cleveland Ohio a good place to invest?
22 January 2025 | 11 replies
Many desirable neighborhoods that offer a consistent predictable return on investment.