Jeff Hobbs
Cost Segregation & the TCJA 2017
24 July 2018 | 0 replies
A forensic cost segregation study will establish what costs will qualify for 100% bonus depreciation and is the only way to properly identify and allocate these building and land components.In-service date is vital: For newly constructed property, it is important to understand when the original and binding contract was entered into between the owner and the general contractor/builder for construction, as contracts entered into prior to Sept. 27, 2017 will not get 100% bonus even if the property is placed in service after Sept. 28, 2017.
Maxim Khanin
Obligation to test for mold - no evidence?
25 February 2020 | 17 replies
No need to get a lawyer but having a predetermined rate established with a lawyer who specializes in property law could be lifesaving in the future.
DA Nguyen
Borrow to invest in crowdfunding REI - interest deductible?
13 January 2020 | 2 replies
==Investments on the EQUITYMULTIPLE platform (and on many investing platforms) are structured as “pass-through entities” (specifically, we establish a distinct LLC for each investment on the platform).
Brad Moore
Rental - Single Family Homes
18 October 2020 | 36 replies
My properties are all held in my LLC, and I wanted my LLC to be the borrower to begin establishing credit for the business.In order to get into 30yr loans, property has to be titled in your name, and you are confirming in the mortgage docs that you are an owner-occupant for at least the first year.
Daniel Porter
My biggest fear happened: a break in
15 September 2020 | 18 replies
Now I try to establish a relationship with the neighbors if I can, and I install dummy cameras up high, they are battery operated with red light as if they are on.
Mark Tanner
Tax Question With Big Impact
17 June 2020 | 21 replies
I'll even take it one step further...If you elect to aggregate your separate rental activities (properties) as one activity for purposes of establishing material participation pursuant to Reg.
Chandler Catron
Where to Drive for Dollars?
17 June 2020 | 5 replies
Don't know don't care.You are gambling with a lot of time and effort and if you are anything like me?
Jaki Ollango
Mobile Homes/ manufactured homes
30 July 2020 | 4 replies
Though, it's a great niche if you're willing to learn and can take the time to build relationships and establish rapport with others.
Hung Tran
Could this crazy house-hacking plan work?
29 July 2020 | 13 replies
Once you establish those two items I can share some advice on what areas would work.
Steven Correale
Hard Money lending on BRRRR
11 August 2020 | 6 replies
I suspect though you have to be pristine credit and income wise and local established in the community would be a guess on my part.