Andy Rousch
Best software to manage multiple bank accounts with different banks
31 October 2024 | 8 replies
That's the key component that is usually missing when I hear other entrepreneurs/investors say they don't like QBO.Something else to keep in mind is your entity structure and how your entities file tax returns.
Brody Veilleux
Managing multiple bank accounts and accounting for them
9 November 2024 | 9 replies
That's the key component that is usually missing when I hear other entrepreneurs/investors say they don't like QBO.Something else to keep in mind is your entity structure and how your entities file tax returns.
Julio Gonzalez
Cost Segregation Study on Small Residential Condo
29 October 2024 | 0 replies
Assets identified in this study include:Bathroom Fixtures: Bathtubs, vanities, showers and toiletsStructural Components: Drywall, wood framing and interior partitionsBuilding systems: water heater, electrical distribution, HVAC, plumbingInterior Construction: Wood flooring, stairs, ceramic tileSmoke detectorsThis engineering-based cost segregation study included the following methodology:Physical Inspection through a site visitDocumentation review including architectural plans, accounting records and construction documentsA cost analysis which utilizes engineering principles in order to allocate costs to their applicable asset classificationsCalculation of the depreciation schedule using MACRSAs a reminder, bonus depreciation started to phase out in 2023.
Bradley Mair
Primary Res to Rental and Repeat
7 November 2024 | 15 replies
Market appreciation helped but the remodel was a key component.
Sheila Steubing
REI GAME CHANGERS Reviews James Hodges
11 November 2024 | 17 replies
At least one of the coach's calls I did attend the, Rick Boyd, spent the whole trying to comp one property for a beginning student.
William Coet
Why Does the Big-Money Invest In Landlord Unfriendly Cities?
30 October 2024 | 35 replies
The sophisticated money is not buying in stagnant markets with poor fundamentals because they can achieve the 1% rule, can complete a BRRRR or because of more favorable landlord tenant laws exist just to highlight what’s rarely part of their acquisition criteria which is a stark contrast to the mindset of most within the BiggerPockets community.Since your focus is specifically on landlord tenant law component I’ll add those who follow the law, properly maintain their property, respond timely to tenant requests, use well drafted and fair leases and don’t unreasonably withhold deposits find themselves in far less tenant controversies.
Mostafa Koperly
Mixed use lot financing
23 October 2024 | 7 replies
Many alternative lenders have internal guidelines that prevent against lending on assets with any commercial components.
Kylie A.
What Are You Choosing For Liquidity
29 October 2024 | 21 replies
There are hardship withdrawal provisions and others that can be exercised if you meet the requirements. 3) If you have access to a workplace plan, like a 401k, with a Roth component, you can consider that as well. 4) If you setup your Roth with a Self-Directed IRA custodian, they can allow you to invest in assets like real estate, private lending, private equity and other alternative assets.
Sean Conroy
Inherited Property - Strategy Question
1 November 2024 | 9 replies
@Sean ConroyThe cost of building is not going to go down, unless you're looking at the debt component.
Marc Shin
best modem and WiFi Router for STR's
28 October 2024 | 13 replies
Hey @Marc Shin, so I am a fan of separate components usually, but in this case an all in one is the better choice.We have Ziply DSL at only 12mb as that is the max for our rural lake house and it has been no issues.