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1 December 2017 | 8 replies
At this time I’m looking to acquire a large 72 unit deal with OPM for most of the down payment.
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20 November 2017 | 1 reply
Awesome to have access to such a vast group of like minded people.
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28 January 2020 | 12 replies
I know I can get some private lending but this may be a faster route to acquire the perfect land before it gets taken.
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30 November 2017 | 6 replies
Reviews go a long way.If this is a rental, are you going to charge a monthly access fee for the solar in addition to rent, and let them handle the utility bill, or are you going to cover all utilities?
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24 November 2017 | 5 replies
@Benny AnandBoth sheriff's sale and tax sale properties can raise issues when you try to acquire title insurance.
21 November 2017 | 3 replies
Access to MLS data Ability to write your own offers Ability to earn commissions on your purchase Ability to save commission on your own properties that you sell .
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30 November 2017 | 14 replies
The safe harbor applies to amounts paid during the tax year to acquire or produce what the regs call a “unit of property” (UOP), you must meet these requirements: (1) at the beginning of the tax year, the taxpayer has written accounting procedures treating as an expense for non-tax purposes amounts paid for property costing less than a specified dollar amount (which will be 2500 for you), or with an economic useful life of 12 months or less;.(2) the taxpayer treats the amount paid for the property as an expense on its books and records in accordance with its accounting procedures. ( do this on your bookkeeping software or whatever you utilize)(3) the amount paid for the UOP doesn't exceed $2,500. as substantiated by invoice.Note: The cost for the Unit of Property includes additional costs (for example, delivery fees, installation services, or similar costs) if these additional costs are included on the same invoice with the tangible property.Eg:A purchases 100 printers at $500 each for a total cost of $500,000 as indicated by the invoice.
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22 November 2017 | 8 replies
Summit County and Vail are the easiest to access and probably have the best amenities.
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29 November 2017 | 10 replies
BP Community,I close on two SFH in approximately one month (BTW - This will be my first deal!!!). Both properties currently have tenants that would like to stay. They are currently on month to month leases, but my int...
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21 November 2017 | 1 reply
Real estate investing is now in my top three priorities and is very important to me.As we are getting started in this journey, I’m hoping to build a relationship with a realtor because after we get started with our first property we will be looking to acquire more.