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Results (8,414+)
Account Closed Free Accounting Software: GnuCash v QuickBooks?
22 May 2015 | 10 replies
I want to see Customer Screen ShotsA Profit and Loss Report by Class screen shotA Chart of Accounts screen shotBalance SheetThese are main things to see. 
Kacey W How would you finance this deal??
18 May 2010 | 1 reply
Here are the general numbers:-100% occupancy-Purchase price- $300k-Down payment- $100k-Owner will finance- $200k @ 360 month, 8%, 5yr balloon-NOI w/ current owner and under market rents-$28,900-NOI from day 1 under new owner (1st yr)-$42,224.50-NOI after debt service (1st yr)-$24,614.50-22% cash on cash day 1(after debt service) -(30% cash on cash by year 3)-49% cash on cash return if sold year 1(after debt service) -(54% cash on cash by year 3)-Total cash returned if sell park after yr 3 ($179,830)Numbers are as precise as possible with dd expenses.So this is a very solid deal in a very solid market.
Eli C. Built in Gains Tax
9 May 2012 | 6 replies
Yes that is precisely what happens.
Matthew Stover Help me understand this deal and 50%, 2% rule
28 November 2012 | 83 replies
Kirk,Good idea to chart this.
Daniel Fisher Don't I feel like the grinch!!!
10 January 2013 | 41 replies
They knew this was coming.Admittedly, I'm surprised that the eviction notice will take place precisely on Christmas Eve.
Tom Bud Tax Help on Fix and Flips
19 February 2015 | 45 replies
\The mantra in the QI business for a long time was "one year and one day" precisely because of what Joseph says about capital gain and because that met two other timeline criteria that had been mentioned in other court cases "two tax years, and two calendar years".  
Brit Foshee Smooth Exterior Finish
25 February 2015 | 2 replies
A smooth finish takes more time and precision than a bumpy one, which hides imperfections.
Bob Malecki Brother in law as disqualified party?
4 October 2016 | 6 replies
See the chart below for who would be disqualified to his IRA.
Brandon Turner Pitbulls as service animals... I don't want to get sued!
20 January 2018 | 65 replies
@Jay Hinrichs it sounds like the person who entered your home unannounced and then screamed and ran in the presence of a dog whose job it is to protect the family, deserved the bite, and that the dog reacted in precisely the way you'd intended.  
Firen Forrest Texas! Pros/Cons & Best Markets
6 February 2021 | 49 replies
Austin’s price chart looks like one for the record books, one that all investors want to see... up and to the right.