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5 March 2018 | 1 reply
That being said, you can overcome some of the challenges of distance with technology, such as if you receive video (or photos) along with maintenance requests from your out-of-state tenants, allowing you to keep some visual on your property from a distance.If you are comfortable with distance, there is a price-to-rent ratio that may come in handy for you and end some of the analysis paralysis.
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6 March 2018 | 16 replies
What has been posted is enough to be "dangerous," if it wasn't tax season I may be up for a phone call to discuss your concerns further.If you are interested in investing in a syndication and the tax treatment is a material matter I would question whether it is a good investment.
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6 March 2018 | 8 replies
That's how I visualize the moving pieces.
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22 March 2020 | 33 replies
Cost segregation looks at the $400k of the building and picks out pieces that qualify for a different treatment.
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11 March 2018 | 2 replies
Depending on which, the treatment is entirely different.
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20 March 2018 | 2 replies
It does not look like there was ever any treatment done at any point to fix the issue, and some of the beams are completely rotted through.
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3 May 2018 | 4 replies
I take those unlendable properties and do the work necessary to not only make them visually appealing but also qualify for an FHA or VA loan.
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23 March 2018 | 8 replies
I have a side online business, self-employed, and my CPA suggested that I should open solo 401k with that business and move my SDIRA funds into this Solo K account since it's got better tax treatment around UBIT.I contacted IRA Services and Trust (custodian) whom I have IRA account with and they said in order to open Solo K, I have to establish my company's Solo K Plan and provide them with "Self Employed 401(k) Custody Agreement".They said I can hire a CPA or lawyer to do that.
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20 March 2018 | 3 replies
It's a visual inspection.
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17 April 2018 | 8 replies
We do this by multiplying our CPA of $50 by 10% which is based on facebooks data on how real estate ads convert. when you do the math you should get the number 5. this is your CPC.So by doing this, you will be able to know what KPIs you should be hitting which will save you a ton of time optimizing in the future.I originally got this information from Jordan Schumacher if you want a more visual approachRemember to also take into account how many leads it takes for you to get a deal.