Burke Atkerson
Excited to finally join the community!
13 January 2025 | 4 replies
I am passionate about helping investors build life-changing wealth through scalable portfolios.Background:Currently pursuing a Doctorate in Business Administration, I is fluent in Spanish and have spent a decade in nonprofit work and overseas missions.
Wiley Hood
Are DIY cost segregations a good idea?
12 January 2025 | 28 replies
Most cost segregation firms will provide a free cost/benefit analysis quote to help you determine if the tax benefits from the study will outweigh the costs.
Farnaz Z.
How to screen a tenant without a social security number?
13 January 2025 | 4 replies
What's the best way to navigate this situation regarding the application process as well as the lease administration?
Richard Benjamin Wilhite
How to Find "Cost" Basis for Inherited Land prior to 1031 Exchange?
19 January 2025 | 9 replies
It would/could be only 15% capital gains tax and yes you could/would deduct all selling costs including commissions and transfer taxes.
Pat Quaranto
How do I go about finding VA work?
14 January 2025 | 4 replies
Hi Pat, I would suggest seeking work through a Brokerage as an administrative assistant.
Victor Yang
if i gift a house, is the cost basis what i purchased it for or the FMV?
24 January 2025 | 8 replies
It is my understanding that the new owner will have the house at the cost basis of my purchase price, for calculating capital gains taxes or depreciation.For gift tax purposes for you - FMV.For capital gain tax purposes for the recipient - your original basis/purchase price
Brandon Morgan
is an LLC necessary?
27 January 2025 | 33 replies
Even if I were found guilty, the cost would be in the thousands, not in the millions.
Adriana Siu
Selling High End pre-fabricated module at cost
13 January 2025 | 1 reply
To be brutally honest i don't care if it's at cost, below or above, I only care what it is exactly and how much.
Jerry Zigounakis
LLC or sCorp for investment properties
21 January 2025 | 7 replies
There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.