Dean Valadez
Bookkeeping and Cash Flow Questions
4 May 2024 | 28 replies
If you get your money back out and reduce your payment and keep it a while that could be a good thing too.In my mind the cash flow is something that should arrive over time.
Chris Buesing
New to Utah County
29 April 2024 | 3 replies
I arrived from Iowa where I liquidated my properties in 2022.
Stacy E.
my first eviction
28 April 2024 | 6 replies
Since then there's been partial payments spread out over multiple days almost monthly (up until this month the payments have always been a little early so that the full amount arrives by the first--again, probably my mistake for agreeing to such).
Ben Hofstra
Becoming a Sponge
26 April 2024 | 12 replies
You could start saving and cutting your expenses aiming at arriving at that specific amount for a down payment on the day of purchase.
Neera Melwani
Tax Filing & Cost Segregation
26 April 2024 | 5 replies
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).
Chris Mason
4-star mobile home park mortgage options, April 2024
26 April 2024 | 10 replies
Sometimes they advertise a 9 cap but then the OM reveals that it's a projection, and they also show the P&L, in which case I'll go off of the in-place P&L to arrive at cap rate, which might be 8%.
Joaquin Camarasa
Has anyone done a BRRR in Europe?
25 April 2024 | 13 replies
Unfortunately, I am arriving to Spain on July and I will be the whole summer in Valencia with family.
Michael Carbonare
How I Made $30K On My First Deal
24 April 2024 | 2 replies
Shortly afterward I arrived at the conclusion that real estate wasn't for me and stepped back while I contemplated my next move.
John Smith
Capital Gains on Multiple interests inherited over a period
24 April 2024 | 2 replies
Hey John, To break it down for you: Capital Gains Calculation:For the 33.33% Interest Acquired via Quit Claim Deed (November 7, 2015): This portion of the gain would be calculated as the difference between 33.33% of the sale price and the original purchase price of $52,700.For the 16.66% Remainder Interest Acquired on November 17, 2020: This portion of the gain would be calculated as the difference between 16.66% of the sale price and the fair market value of the property on November 17, 2020 (the date of Person A's death).For the 50% Remainder Interest Acquired on January 17, 2023: This portion of the gain would be calculated as the difference between 50% of the sale price and the fair market value of the property on January 17, 2023 (the date of Person B's death).Consideration of Home Sale Costs: Deducting allowable costs associated with the sale (closing costs, repairs, etc.) from the total gain to arrive at the taxable capital gains amount.1031 Exchange as a Means to Defer Capital Gains: You're correct that a 1031 exchange could be utilized to defer the capital gains taxes.
John Underwood
Airbnb direct support for Schlage encode locks
23 April 2024 | 13 replies
I have had guests attempt to arrive at the home well before check in (one time before the previous guests even checked out on time!)