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26 November 2024 | 6 replies
@Roy Logancan you be more specific?
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11 November 2024 | 6 replies
You don't want to decide how the end user will use it so you have your price for the real estate and land, and the rest is negotiable.
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12 November 2024 | 8 replies
Do you understand that asset class and market?
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26 November 2024 | 11 replies
You can lose tens of thousands with rookie mistakes.
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12 November 2024 | 2 replies
They took a $1.5 MM property and found in this property:- $250k worth of 15-yr property which is paved parking, fencing, landscaping etc.- $150k worth of 5/7-yr property which is appliances, cabinetry, carpets etc.This is pretty typical for a commercial property cost segregation, and I see nothing wrong with it.The problem is in the line above that, called "Selling price."
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26 November 2024 | 0 replies
Photos to come What made you interested in investing in this type of deal?
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13 November 2024 | 22 replies
This is all true except the no expenses or depreciation part, you actually can do that in an IRA (just doesn't help you personally today) on leveraged real estate because that portion of the income is subject to UDFI/UBIT tax which is calculated after deducting the first $1000 and accounting for depreciation and expenses as it relates to the % of the mortgage.
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26 November 2024 | 12 replies
Do you have an approval or is something even grandfathered in that would allow you to put up a billboard?
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26 November 2024 | 4 replies
It will help you cover your bases.