Nathan Gesner
What to do when Tenant is arrested?
17 April 2021 | 36 replies
For whatever is left Goodwill has pickup services and then a dumpster for the rest.
Ryan Logue
Tenants storing items -- free for good faith? charge?
19 April 2021 | 1 reply
I'd love to keep the good will with this revolving group as they pass down the house to future generations.
Jacek Blaszczyk
What to do: opportunity to buy a 400k home for 215
25 April 2021 | 12 replies
Maybe in the goodwill, you can even give a portion of profit to the person who gave you property as a Christmas gift or something pricey and nice item too.
Pedro Bartolomei
bees nest on rental property?
5 May 2021 | 7 replies
Then there is always the good-will factor.
Weina Shi
Split Up Self Storage Facility Purchase: Business vs Real Estate
3 May 2021 | 9 replies
Option one: Purchase as one transaction (not splitting up business vs real estate) Real Estate Value $ 4,000,000 Land $ 500,000 Improvements $ 3,500,000 Depreciation $ 89,744 Depreciation yrs 39 Total Depr in 10 years $ 897,436 Total annual D&A $ 89,744 Total 10 year D&A $ 897,436 Tax Rate 42% Annual tax saving $ 37,692 Total 10 year tax saving $ 376,923 Option two: split up business value vs real estate value Real Estate Value $ 3,000,000 Land $ 500,000 Improvements $ 2,500,000 Depreciation $ 64,103 Depreciation yrs 39 Total Depr in 10 years $ 641,026 Business Value (Good will) $ 1,000,000 Amortization (15 year schedule) $ 66,667 Total Amortz in 10 years $ 666,667 Total annual D&A $ 130,769 Total 10 year D&A $ 1,307,692 Income Tax Rate 42% Annual tax saving $ 54,923 Total 10 year tax saving $ 549,231 Depreciation recapture for good will upon a sale (assume 1031 exchange all real estate) Total recap $ 666,667 Tax at 25% $ 166,666.67 Tax saving net of amortization recapture $ 382,564.10
Manuel Villegas
100% rookie with a question.
6 May 2021 | 13 replies
Surround yourself with good people, keep networking and helping, and something good will come about.
Weina Shi
Purchase Price Allocation for Commercial Purchases
6 June 2022 | 4 replies
If your financing you don’t want to do PPA if you end up with goodwill.
Dan V.
Take over or start over?
7 May 2021 | 4 replies
., by doing so I acquired carry-over losses that I could use), if it the company had substantial goodwill (meaning that the name/brand was well known and would benefit me, or if there was some other asset or assets that the company had that I wanted (imagine proprietary property management systems, lists of potential tenants, etc.).
Wendy Jiang
Need a place to vent about my cheap tenants
21 March 2022 | 16 replies
I will just imagine I am donating them to Goodwill.
Aakash Deol
Why is right now the best time to invest
23 April 2022 | 11 replies
I still buy the ones that fall in my lap from years of farming and goodwill, but don't spend much time hunting or competing on-market.