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8 September 2024 | 101 replies
:How are we defining class D?
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3 September 2024 | 0 replies
There are specific rules for 1031 exchanges including:The replacement property must be identified within 45 days of transferring the relinquished property.The replacement property must be received within 180 days after the transfer of the relinquished property or the due date of the taxpayer's tax return, whichever is earlier.Special rules apply for exchanges between related parties (defined in § 267(b) or 707(b)(1)).Real property located in the United States and real property located outside the United States are not considered property of like kind.Cost Segregation StudiesA Cost Segregation study is an IRS approved federal income tax tool that increases near term cash flow by utilizing shorter recovery periods for depreciation to accelerate return on investment.
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4 September 2024 | 2 replies
Here's a case study on a 6-unit apartment building that shows just how much you can save by breaking down your property into its components for faster depreciation.
5 September 2024 | 4 replies
My advice is to try to define what you want to focus on (flips, rentals, etc.) and then work from there.
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6 September 2024 | 8 replies
They typically create an LLC operating agreement to define roles, profit shares, and responsibilities.
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6 September 2024 | 9 replies
("A real estate broker, for the purposes of this article, is defined to be a person, firm or corporation who, for a fee, commission or other valuable consideration, or by reason of a promise or reasonable expectation thereof, lists for sale, sells, exchanges, buys or rents, or offers or attempts to negotiate a sale, exchange, purchase or rental of real estate or an interest therein, or collects or offers or attempts to collect rent for the use of real estate or solicits for prospective purchasers or assists or directs in the procuring of prospects or the negotiation or closing of any transaction which does or is contemplated to result in the sale, exchange, leasing, renting or auctions of any real estate . . ."
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6 September 2024 | 32 replies
Maybe you should define Southern MD, because I see some people referring to places that I wouldn't consider to be Southern MD.
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5 September 2024 | 11 replies
Meanwhile hardly any emphasis is placed on the loan administration and even more importantly the relationship component of lending.Far too many investors, particularly those just starting out, are being conditioned to seek out the “easy” lending choice rather than invest time and energy required to cultivate meaningful relationships with lenders who truly value the borrower/lender relationship and are interested in assisting you grow.
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5 September 2024 | 7 replies
Looking to meet people and learn more about the tricities area before defining the buy box.
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6 September 2024 | 14 replies
How do you define maintenance in the lease?