
19 April 2024 | 2 replies
You borrow money to improve the property secured by that property.

23 April 2024 | 30 replies
BUT, I also know there are a lot of syndicators that should have never been in the business, and if the market improves and helps their deals, they will simply go out and start raising more capital again.
18 April 2024 | 4 replies
Rental bought in 2023 and initial return.For assets - Cash, depreciable assets less accum deprn, landFor liabilities - Open credit card balances (Charged rental improvements and expenses on 0% interest credit card)Partnership equity - Cash contributions less net lossMy assets are greater than liabilities + partnership equity

19 April 2024 | 9 replies
Really something the lender should thoroughly explain to someone purchasing a home where the taxes at the time of closing don't represent the final/improved tax amounts.

18 April 2024 | 10 replies
Therefore the property types that are the most favorable to generate bonus depreciation will be those with a high degree of what the tax code refers to as "land improvements".

18 April 2024 | 3 replies
Bonus depreciation and Section 179 allowances for improvements can be utilized, with the latter, however, capped at zero to prevent negative losses.

21 April 2024 | 240 replies
However, I am looking now at the stage of seeing the online profile, and there have been cases of people "improving the reality" a little.With that said, I would be happy to talk to you or any other member of your team again.

19 April 2024 | 4 replies
Hey @Mitul Gandhi - Generally speaking, the neighborhoods in Chicago that have the least taxes are going to be the neighborhoods that have the lowest property values.Properties that have been renovated (and a permit pulled) will typically go up in taxes because the city knows that there were improvements made.

20 April 2024 | 26 replies
Connect with a lender to see what you qualify for and how you can improve that situation7.