
11 October 2024 | 4 replies
I have made a Bridge Loan to them on their Pueblo Springs Apartment project--they are passed due in paying off the loan and are not responsive with information to resolve that situation.

11 October 2024 | 4 replies
All of that said, I would treat this tenant as month-to-month and enforce the 60 day notice requirement meaning that they are responsible for an additional 30 days of rent beyond their anticipated move-out date.

10 October 2024 | 7 replies
She is just going to keep going and lying and coming up with excuses why she didn't cause the damage, such as mold is Landlord responsibility or soaked ceiling boards are normal wear and tear.

10 October 2024 | 7 replies
Thank you in advance for your responses.

12 October 2024 | 7 replies
Thank you so much for the quick response!

9 October 2024 | 1 reply
It allows a substantial portion of the asset's cost to be deducted in the first year of service.In 2023, the bonus depreciation rate is 80%.In 2024, it decreases to 60%.In 2025, the rate further reduces to 40%.COST SEGREGATION:Cost segregation involves dividing a property into its individual components for tax purposes.Some parts age faster, like carpets or paint.Your CPA can use this info to more accurately depreciate elements of your property leading to potential tax savings.BASIS:Your basis is the initial price that you paid for your property, including any expenses or improvements.Knowing your basis is crucial for tax purposes, as it's used to evaluate depreciation & determine the capital gains or losses if/when your property sells.LAND VALUE:This is how much your land is worth without any buildings or improvements.Land doesn't get old like buildings, so you can't depreciate it.

12 October 2024 | 10 replies
I have been doing off-market acquisition for more than 30 years so I think I have some advice to share so people don't step in the same potholes that millions of newbies have by trying to build a wholesaling business without access to ARV and no knowledge of repair costs.Under what rule is every response supposed to be solutions?

11 October 2024 | 8 replies
Thanks for the response John!
12 October 2024 | 2 replies
Over 20,000 financial institutions are supported.How to get it: Kubera can be accessed with any web browser or the Kubera app, which is available for iOS and Android devices.Cost: Kubera is $150 per year for individuals and $225 per year for families.

10 October 2024 | 31 replies
I’m also at a life stage, where I’d prefer to just live with my partner and not rent out individual rooms in my unit.When I move out, the rental income would sometimes just barely cover the mortgage and taxes (usually not even insurance).