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7 May 2024 | 56 replies
There are a number of guidelines the IRS has for performing a proper cost segregation study (which will pass in the event of an audit) Here is the link to that list on the IRS website:Cost Segregation Audit Technique Guide - Chapter 4 - Principal Elements of a Quality Cost Segregation Study and ReportI have never seen a DIY before, but I'm sure people do it.Depending on the size and type of your property the fee for engaging a qualified engineer-based firm to conduct the study can be as low as $3,000 (lower in certain cases), and the significant benefit created well outweighs the minimal costs.
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6 May 2024 | 10 replies
Quote from @Bubba McCants: I have the same technique as Drew: copy from others, customize to your business model and laws, refine as you go.I started with a two-pager that was built in the 80s and never updated.
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9 May 2024 | 107 replies
First goal: To create a rental portfolio of single and multifamily properties by utilizing creative financing techniques.
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4 May 2024 | 2 replies
I used as few colors as possible and tossed the wood slats so nothing looks to busy to the eyes increasing cognitive friction on the mind.
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8 May 2024 | 112 replies
That doesn't mean Engelo doesn't use false scarcity as a sales technique.
4 May 2024 | 3 replies
Yeah, here is the passive activity Audit Techniques Guide which is interestingly not available on the IRS website any longer.
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9 May 2024 | 159 replies
Don't just keep "ramming it down" the one technique all year, every year.
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6 May 2024 | 23 replies
I've delved into approximately 10 books covering multifamily investments, syndication structures and operations, capital raising, underwriting, real estate market dynamics, legal aspects, broker relationships, deal sourcing, taxation, property management, sales techniques, lending practices, and construction processes.
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3 May 2024 | 3 replies
I'm interested in discussing cutting-edge techniques that professionals are using to adapt to the current market trends.Some areas of interest include:Technology Integration: How are you incorporating new technologies like AI, VR, or blockchain in your day-to-day operations?
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6 May 2024 | 76 replies
Just my views and thanks again for this explaination of this technique.