View report*This link comes directly from our calculators, based on information input by the member who posted.Would you have done this deal? 

They should be able to send you an address of a rental they own.2) If they plan on sharing a BP Calculator sheet for each and every property they send you.

Hello all, does anyone have a good accurate flip calculator they use in order to decide if the flips are good deals?

I listen to podcasts, read books, use BiggerPockets calculators, do my own analysis, have an agent and lenders.

In Tampa it's common to find an entrepreneur that is running there own business and this allows me to verify how much cash they have on hand and assists me in calculating their debt to income ratio.3.

When they calculate the financing for spec homes, a lot of times they can't accurately forecast this portion.

IMO you should still account for property mgt costs in your calculations, since that is a typical cost of doing business, and if you choose to pay yourself to do that, that's fine, but it is still an operating cost.You don't buy a business without taking into account the labor cost to run that business.

You are not there.I think the more likely scenario is you calculate in supplementing your mom’s living expenses.  

If you want to change to cost seg allocations in 2023, the 3115 essentially calculates what amount would have been taken in prior years had the cost seg allocation been used for those years, then it backs out what was actually taken to arrive at the catch up amount (called a 481(a) adjustment).

According to the IRS (and not someone's opinion), carpet is depreciated over 5 years:https://www.irs.gov/pub/irs-pdf/p527.pdfLook on p9 in the box.Therefore, I would counter them at the 5 year depreciation calculation and GET IT IN WRITING as terms of the settlement so they don't come back on you.Pet smells have a way of coming back no matter how the carpet was cleaned, so I can understand the replacement.