Anderson S.
How are You Building Lasting Wealth Through Real Estate?
15 October 2024 | 4 replies
Even when the market is volatile, rental income often remains steady, providing a buffer to offset risks in other areas of your investments.If you're interested in financing options to begin or expand your real estate portfolio, I can assist with that as well.
Julio Gonzalez
Benefits of a Cost Segregation Study on Warehouses
15 October 2024 | 0 replies
There is a large demand for efficient distribution and storage of goods, thus many investors are looking for ways to increase their financial performance while continuing to remain competitive in the market.
Ross Kane
LLC piercing corporate veil
21 October 2024 | 13 replies
I also sold one of my rentals here and have my current house hack remaining (the rest of my portfolio is out of state).
Malik Javed
How to Allocate Land vs. Building Values for Investment Property
17 October 2024 | 4 replies
In this approach, the taxpayer calculated that the cost to construct a new building (say, $300 per square foot at 2,000 square feet, totaling $600,000) should be allocated to building and the remaining balance of the acquisition should be allocated to land.Rule of thumb method: Some taxpayers use a predetermined percentage (such as 80/20 percent, 70/30 percent, etc.) for improvements and land.
Gavin Wynn
Taxes/ question for accounants
13 October 2024 | 7 replies
Hey, This is a unique situation, I purchased my second property in June 2024, a single-family home that used to be a duplex, and is still zoned as a duplex ( remains 2 addresses).
Anne Christensen
Best Down Payment Option
15 October 2024 | 16 replies
In my research, default rates are pretty high amongst 401ks loans. 5) If you leave your employer and want to rollover your remaining balance to an IRA to be able to invest in real estate, known as a self-directed IRA, you have to either A) Payoff the loan first, or B) When you rollover funds, the loan balance will be immediately distributed to you, thus taxes and penalties, and you forfeit all that tax-advantaged money back in the account. 6) 401ks are generally covered under federal ERISA rules, which affords you additional creditor protections, from outside of the 401k judgments.
Trevor Hummel
Difficulty with a Cell Tower Lease Agreement for Self-Storage Property
15 October 2024 | 1 reply
The lender of course required this for financing and the seller, out of ignorance I assume, refused to obtain a written notice from the cell tower company. (2) The cell tower was not paying monthly rent but rather paid an upfront payment of $75k for the 41 years remaining on the lease term.
Graham Huber
How is the philadelphia real estate market?
16 October 2024 | 6 replies
The Greater Philadelphia Counties remain strong.The Greater Philadelphia presents a unique mix of affordability, growth potential, and solid rental demand.
Logan Jamieson
Frustration with current market: Seeking wisdom, encouragement, lend me your tenacity
17 October 2024 | 12 replies
Even though cost of debt quickly doubled in 2022 and interest rates remained higher in good areas properties continued to appreciate in value.
Sanjeev Advani
Why Are Office Rents Rising Despite High Vacancies?
14 October 2024 | 0 replies
These costly improvements are pushing rents up.While effective rents (factoring in concessions) may be declining, asking rents remain high as landlords aim to maintain their property value.