Alexandra Scardo
Construction loan with land as downpayment
24 December 2024 | 4 replies
This explanation is helpful.
Stephanie Menard
Expensive lesson by leaving one clause out of rental agreement
19 January 2025 | 41 replies
Because this clause wasn't in the lease agreement,You hear these kinds of excuses and explanations (vary by circumstances) everywhere you go nowadays.We're becoming a nation where the Law is subject to personal excuses by indviduals that aren't suposed to interpret laws.
Julio Gonzalez
Cost Segregation FAQ
31 December 2024 | 3 replies
The IRS defines a “quality” cost segregation study as “a study that is both accurate and well documented with regard to” 1) the classification of property into classes, 2) Explanation of rationale for the classification of the property and 3) substantiation of the cost basis of each asset and reconciliation of the total allocated costs to total actual costs.
Steve Englehart
Cashing out IRA to buy rental properties.
29 January 2025 | 47 replies
It's nice to see some math justifying your explanation even with the many variables of uncertainty.
Anirudh Reddy
Who can claim interest paid on a seller finance property?
28 January 2025 | 15 replies
For a detailed explanation, see an earlier comment by @Ashish Acharya.Assumptions are not controversial, either.
Ashley Wilson
Pros and Cons of Joining a Coaching Program
27 January 2025 | 29 replies
Anyone considering a course or solution would find your insights valuable.You don’t owe anyone an explanation.
Jeff Skinner
New Investor Ohio
1 January 2025 | 14 replies
Michael- Great explanation of the property classes and appreciation vs cash flow outcomes.
Phillip Austin
Nightmare Tenant - This is why you need a property manager!
24 December 2024 | 7 replies
See below for explanations, with headings taken from the attached document.Broken windows or exterior doors-The two narrow windows in the living room do not fit into the walls properly.
Mark Forest
Syndication capital calls
14 January 2025 | 37 replies
With the explanation that they've been good about updates and have a plausible reason for the pause.
Jack Cottrell
Help me adjust my expectations - first deal pending
24 January 2025 | 36 replies
Without doing a deep dive explanation on this forum, I will say that everyone can play with numbers to create whatever picture you want.