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5 November 2018 | 4 replies
As Michael stated you can get more detailed with a cost segregation study to further breakdown the building value into the structural and necessary components that have 27.5 year depreciation schedule, land improvements have 15 year schedules and tangible personal property has a 5 (or 7) year schedule.
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3 November 2018 | 7 replies
In my experience, most stuff on the market right now that looks really good from a numbers perspective will have a significant construction component.
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2 November 2018 | 8 replies
That alone can severely, if not detrimentally, affect your bottom-line.It sounds like you are new investor, and I would venture to say this is on the riskier side of things and quite an undertaking if you're new.
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6 November 2018 | 11 replies
Here are some reasons why: Compared to an IRA, Solo 401k contributions limits are roughly ten times higher.There is no custodial requirement for the 401k.You don't need the additional expense and administration of an LLC to have checkbook control.There is a built in-Roth component whereas IRAs are either traditional or Roth, not both.A spouse can also participate in the same Solo 401k plan.The Solo 401k has additional tax benefits over an IRA when investing into real estate using leverage.The penalties for prohibited transactions are less severe, though it's best not to utilize this benefit :)
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8 November 2018 | 12 replies
If it is seen that lots of short term rental traffic in and out of a unit is detrimental to property values, then the board is within its rights.
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13 November 2018 | 7 replies
Compared to an IRA, Solo 401k contributions limits are roughly ten times higher.There is no custodial requirement for the 401k.You don't need the additional expense and administration of an LLC to have checkbook control.There is a built in-Roth component whereas IRAs are either traditional or Roth, not both.A spouse can also participate in the same Solo 401k plan.The Solo 401k has additional tax benefits over an IRA when investing into real estate using leverage.The penalties for prohibited transactions are less severe.
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18 November 2018 | 22 replies
To not know or to disregard it is either going to be detrimental to your investments or is purely greedy selfishness.
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19 March 2019 | 3 replies
Just write up a piece of paper that identifies your key lease components (parties, address, term) and say both parties agree to a mutual lease termination as of ?
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13 November 2018 | 4 replies
How each HA calculates bedroom size is a critical component of the tenants decision, but most don’t even know that that policy can differ from HA to HA.
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15 November 2018 | 32 replies
The mastermind has a group component that allows multiple perspectives in providing you answers.