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Results (6,757+)
Michael Van What is an acceptable rate of return to look for?
7 November 2022 | 32 replies
Here are the details below:Deal Summary: This is a value add deal for appreciate over a 5-year period.6,600 sq ft, 4-unit strip mall. 3/4 units rented. 1 Unit of 1,000 sqft remaining. $11,271,301 Purchase Price$177,881 Income$54,469 Expenses$123,412 NOI9.71% Cap rate at purchase price8.81% Cap rate after factoring in $80,000 in repair costs and $50,000 in closing costsThe plan is to rent out the remaining unit the next year at $1,800/ month to increase by another $21,600 which will bring cap rates to:11.41% at purchase price 10.35% after repair costs and closing costs.The plan: Increase property value to $1,646,800 by increasing cashflow through the transition of 2/3 of current tenants to NNN leases that are renewing in 2024 and 2025 respectively. 
Troy P. RE Professional Status for Spouse
15 February 2024 | 8 replies
Summary Opinion 2014-112, the taxpayer was a 63-year old disabled veteran.
Rylan Zwanziger Wealth Ability- formerly ProVision - Tom Wheelwright
28 February 2024 | 63 replies
Let me first provide you with an accurate and honest one-liner to summarize what to expect if you decide to work with WealthAbility followed by a detailed account of my own personal experience with the company.Quick Summary: WealthAbility acts as a middleman, a go-between, that pairs you with a CPA.
Jesse Fernandez Leveraging the short term tax loophole for cost segregation qualification
3 January 2024 | 7 replies
It's like me writing about a medical condition and then getting upset with a doctor who finds my post lacking.Short summary of the issues with your post:1.
Jonathan Bombaci 0% cashflow for 3-4 years
25 May 2019 | 31 replies
You still have to fund your capital reserve account at a normal rate so you don't get stuck in this situation again 10 years down the road.In summary, does this make sense? 
Daniel H. Tax Strategist and Accountants?
5 February 2024 | 10 replies
Hello all,In summary, I am a new real-estate investor.
Karelyn Cruz CPA recommendations for PR STR
15 February 2024 | 3 replies
@Karelyn Cruz - This provides a great summary https://taxsummaries.pwc.com/puerto-rico
Jason Sung Tax return cost: CPA vs Turbo Tax
24 January 2024 | 13 replies
In the end, he sent the summary numbers, and they looked way off. 
Angel Celis Lopez Hard money lenders near Erie Pennsylvania for out of state flip
13 October 2022 | 10 replies
can you give a summary of scope of work with budget? 
Samir Pathak Sacramento Area Monthly Estimates for SFH/Duplex Rentals
14 November 2016 | 24 replies
@Jeremy Brown and others gave a pretty good summary of the areas, although there are always good pockets in bad areas and bad pockets in good areas.