Evan Kline
Our 10x strategy, and why we (kind of) stopped investing.
22 September 2024 | 6 replies
Nearest I can figure (it is somewhat inter related) I have been deriving about 1/2 my “net” income / wealth increase from my money invested and the other 1/2 from the compensation attributable to my running he fund/syndications.
Andrew C.
what do you use to track FixedAssets for depreciation/amortization?
9 September 2024 | 12 replies
We refer to this as reconciling to the previous tax return.As far as where to get the information to calculate some of these values, most of it can be derived from the closing/settlement documents for the fixed asset.To calculate depreciation, amortization, etc, you'll dig through IRS publications.
Heather Martini
Seeking Feedback: STR Market Insights Report
6 September 2024 | 13 replies
.- Guest Feedback Analysis: Derived from guest reviews to pinpoint strengths and areas for improvement.- Amenities Overview: Shares % of most sought after amenities in each market- Design Trends: Trends observed in top-performing properties.- Top Property Links: Direct links to benchmark against leading properties in each marketLooking forward to your thoughts and suggestions!
Lara Stuart
Help! Trying not to commingle inherited funds within my trust for new LLC doing PML
28 August 2024 | 9 replies
My 2 siblings and I now have separate trusts derived from Dads (we all get a K-1).
Will Mejia
Just sold a Rental Property. IRS is going to kill my gains help!!!
30 August 2024 | 29 replies
Bonus depreciation is derived from the portion of the property's value with a shorter useful life than the buildings themselves.
Salvatore Spano
BOI (Beneficial ownership information)
28 August 2024 | 11 replies
The individual’s substantial control over, or economic benefitsfrom, the reporting company are derived solely from theemployment status of the individual as an employee. Yes No3.
Dylan Lineberger
How do people use FHA loans to buy multiple properties??
22 August 2024 | 2 replies
If Rental Income is being derived from the Property being vacated by the Borrower, the Borrower must be relocating to an area more than 100 miles from the Borrower’s current Principal Residence.
Shannon Reynolds
Fraud or no?
25 August 2024 | 57 replies
Because when you have the initial estimate and go over the cost you can decide if the value derived is acceptable based on what is charged.
James Mays
LLCs - Holding Companies - Scaling
15 August 2024 | 6 replies
Placing your real estate in LLC's is truthfully a greater business planning tool than the benefits derived for asset protection.
Anna Brown
LA Property with lots of Equity
15 August 2024 | 57 replies
So you would have an allocation in excess of 45% for this particular property (but maintenance/cap ex should not be based on a percentage of rent).I am unsure how Mike has derived his maintenance/cap ex estimate, but I am curious.