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11 February 2025 | 1681 replies
Inspections would have prevented this debacle.
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21 February 2025 | 5 replies
I would suggest you provide the utilities and internet.
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21 February 2025 | 3 replies
I supplied that and then they said they wouldn't extend the worry fee waiver because I hadn't provided a new lease.
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11 February 2025 | 5 replies
Pay attention to realtors who are wanting to provide value and provide resources and make time for your inquiries without ever expecting anything from you in return.
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13 February 2025 | 1 reply
Specifically, what stood out about their approach, the impact they had on you, and advice you’d give someone considering working with them.Thank you all for any insight you can provide.
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20 February 2025 | 4 replies
@Frank Alfano agency debt is very competitive (75-80 ltv, non-recourse, fixed-rate etc); you can syndicate and raise the equity portion needed from friends and family, provided you can market and lead the project.
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19 February 2025 | 17 replies
Go to your bank and they can provide you with instructions.
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8 February 2025 | 7 replies
I have used avail.co in the past with great success but it appears this software and others no longer market on zillow which I know to provide a lot of leads in the past.
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18 February 2025 | 1 reply
(FWIW,$8K on just the compressor seem excessive.)Otherwise, unless your contract with your GC says they will provide 24/7 surveillance, or you can prove the AC was never installed, you own the problem.If the property has been vacant for more than 30 days, most policies won't cover vandalism unless you have added a Builders Risk Addendum.
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23 February 2025 | 2 replies
This means that when you sell the property, your adjusted tax basis is lower, which increases the capital gain you must recognize.Additionally, any accelerated depreciation taken is subject to depreciation recapture at a higher tax rate (up to 25% for real estate assets) rather than being taxed as long-term capital gains.So, while cost segregation provides significant upfront tax savings, it also increases your capital gains tax liability upon sale unless you use a 1031 exchange or other tax-deferral strategies.You can find your current tax basis by reviewing your depreciation schedule (Form 4562) and prior years’ tax returns, specifically looking at your adjusted basis on Form 4797 (for sales of business property) or Schedule D (for capital gains and losses).Your CPA should be consulted prior to making any decisions.