Denise Carringer
Owner financing payment tracking app?
21 January 2025 | 18 replies
Working on an owner finance deal and I'm curious what technology you use to keep track of payments and amortization schedules.
Tristan Kelly
First MF purchase in Cleveland OH
23 January 2025 | 10 replies
Begin a maintenance schedule ASAP.
Jason Burkart
Gift money for family or buy a rental for family?
27 January 2025 | 9 replies
You still claim the income as miscellaneous income and deduct property taxes and mortgage interest (subject to SALT and other high mortgage limitations) on your Schedule A, but that's it.2.
Trevor McCormick
Advise on Purchasing my first STR in Kissimmee Florida
27 January 2025 | 16 replies
Feel free to reach out and we can schedule a call.
C.S. Bryson
Is this a good deal?? New to investing and seller finance and looking for advice :)
24 January 2025 | 17 replies
Bryson: Seller Financing OfferPurchase Terms1.Purchase Price: $215,0002.Down Payment: 20% of the purchase price, equal to $43,0003.Financed Loan Amount: $172,0004.Interest Rate: 6.5% per annum (fixed)5.Initial Amortization Schedule: 12 years (144 months)6.Balloon Payment:•At the end of 24 months, the buyer will make a balloon payment for 50% of the remaining balance of the loan.
Blaise Bevilacqua
First deal (thoughts?)
27 January 2025 | 3 replies
You have no vacancy scheduled in nor repairs.
Peter H Derry
Buyer's Guide: Purchasing Property for Your College Student
23 January 2025 | 0 replies
Maintenance and UpkeepRegular Inspections: Schedule periodic property inspections to address maintenance issues.Emergency Repairs: Have a plan in place for unexpected maintenance needs.Furnishing the Property: Budget for necessary furnishings and appliances.7.
Julio Gonzalez
Cost Segregation Study on SFH in Iowa
22 January 2025 | 0 replies
Assets identified in this study include:Standard windows and doorsInterior ceilings and wallsBasic plumbing and electrical systemsBuilding structural elementsBasic HVAC componentsThis 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.
Kobe Carr
DFW Area. Looking for mentor!
19 January 2025 | 8 replies
@Kobe Carr I am in no way an expert but I could definitely schedule some time to walk through them quickly.
Chris Crawford
Selling A House And Giving Previous Owner Proceeds
27 January 2025 | 3 replies
Sounds like this could possibly be a Schedule C activity so keep self employment tax in mind.