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9 September 2024 | 10 replies
Look for cracks in the foundation, walls, or ceilings, as these may suggest settling or shifting.Additionally, keep an eye out for pest infestations, particularly termites or carpenter ants, which can cause significant damage to wooden structures.Lastly, be aware of environmental concerns such as radon levels and underground oil tanks, which can pose health risks.Having a qualified home inspector conduct a thorough evaluation is essential.
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9 September 2024 | 0 replies
**The monthly supply is averaged, and our study is conducted in 200sqft increments (1400-1600, 1600-1800, 1800-2000 etc.)
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11 September 2024 | 18 replies
If the city has conducted the POS inspection and doesn't have an issue with it and your insurance company doesn't have an issue with it, then I'm not sure how concerned I would be.
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11 September 2024 | 18 replies
This safe harbor generally allows you to expense items under $2,500 per invoice or item, but since your fence replacement exceeds this threshold, it doesn’t qualify.As Michael mentioned, for the tax year 2024, you could potentially take advantage of a 60% bonus depreciation if you conduct a cost segregation study for your property.
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9 September 2024 | 2 replies
The best route is using licensed foundation companies and engineers to conduct work surveys to determine what needs to be done and then having that work done by licensed companies with warranties.
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11 September 2024 | 12 replies
Just like you would only use a CPA to file your tax return, you should only use a CCSP to conduct your Cost Segregation study.
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10 September 2024 | 34 replies
The seller should have informed you about the POS violations as soon as they were aware of them.Realtor's ResponsibilitiesYour realtor has a fiduciary duty to act in your best interest, which includes conducting due diligence to uncover any issues that could affect the transaction.
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8 September 2024 | 2 replies
I’d love to hear your experiences on where and how to effectively conduct these searches.What tools or resources have you found most reliable for uncovering any liens, encumbrances, or issues that could affect the property title?
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10 September 2024 | 28 replies
@Rick Bevilacqua - you conduct a judgment search to attempt to discover those sorts of things.
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9 September 2024 | 10 replies
Consider exploring financing options like FHA loans or conventional loans with low down payments, understanding local regulations, and conducting market research to ensure you can cover your costs.