
9 March 2018 | 4 replies
And of course while we waited life kept us busy, units turned over, and we wrapped up some final improvements to the property we didn't get to in the first round.

10 March 2018 | 1 reply
We have engaged an amazing bookkeeping company that has numerous real estate clients.

14 March 2018 | 7 replies
Two of the safe harbors that can help you deduct improvements are below:1) 2500 de minimis safe harbor.the safe harbor applies to amounts paid during the tax year to acquire or produce what the regs call a “unit of property” (UOP), you must meet these requirements: (1)you need to have written accounting procedures treating as an expense for non-tax purposes amounts paid for property costing less than a specified dollar amount (which will be 2500 for you), or with an economic useful life of 12 months or less;.(2) the taxpayer treats the amount paid for the property as an expense on its books and records in accordance with its accounting procedures. ( do this on your bookkeeping software or whatever you utilize)(3) the amount paid for the UOP doesn't exceed $2,500. as substantiated by the invoiceNote: The cost for the Unit of Property includes l additional costs (for example, delivery fees, installation services, or similar costs) if these additional costs are included on the same invoice with the property.2) Small taxpayer safe harbor: To be eligible for the safe harbor, the total amount of improvements for the property for the tax year may not exceed the lesser of $10,000 or2% of the property's unadjusted basis.If the total amount paid exceeds the safe harbor threshold, the safe harbor does not apply to any amounts spent during the tax year.

9 March 2018 | 13 replies
Not to beat a dead horse, but never do this, especially if you are low on funds, because it can easily spill over into other aspects of your life.
9 March 2018 | 2 replies
You will need a high credit score to be financially successful in life.

18 July 2019 | 2 replies
I imagine that they will continue to change names and alter their marketing strategy, so please beware, and do not offer any money up front.

11 March 2018 | 8 replies
What attracted me to Charlotte most was the quality of life, we absolutely the love the friendly people & all the outdoor activities.
11 March 2018 | 7 replies
Hi Josh,I live in Bismarck currently and have lived in North Dakota for most of my life.
10 March 2018 | 6 replies
I had numerous offers on the building and each realtor knew that I was paying no more than 1 1/2% commission.
18 May 2018 | 18 replies
In my past life in the guru business (as you well know) I found they rarely delivered anything close to what they implied or even promised.