
25 July 2022 | 0 replies
If you have claimed this deduction or plan to in the future, ensure that your CPA or tax specialist is keeping up-to-date on the latest filings to ensure your documentation is correct.The new guidelines established that an allocation letter should include all of the following:The address of the government-owned buildingThe date the systems were placed in serviceThe signatures of the authorized representativesThe dollar amount of the deduction allocated to the designerThe allocation letter must be in writingThe costs of the energy efficiency systemsA penalty of perjury statement signed by the authorized representative of the government Must contain contact information for the authorized representative of both the owner of the government buildings and the designerDuring the audit, you can expect the IRS to confirm the energy modeling was conducted as well as ensuring that a third party professional completely unrelated to the project was the issuer of the certification.The 179D tax deduction should be claimed by the individual “primarily responsible for designing the energy efficient systems, and the person who creates the technical specifications for installation” for government buildings and designer allocations.When analyzing a 179D claim, the auditor will use “the most recent Standard 90.1 published by [ASHRAE] which has been affirmed… not later than the date that is 2 years before the date that construction of such property begins..

28 July 2022 | 12 replies
As you can see, if you're not buying/selling multiple deals a year, it is not worth the time, energy, and money to get licensed.

28 July 2022 | 6 replies
Even though you don't have any work experience you can offer your drive and energy and take on tasks that they don't like doing.

3 August 2022 | 14 replies
Doing this will save you time and energy if they reveal they aren’t ready to buy or sell.

27 July 2022 | 4 replies
You might also want to look into upgrading the property with energy efficient upgrades (ie.

27 July 2022 | 7 replies
When you are starting out, you may only have ONE silver bullet, e.g., the FHA 3.5% loan, so you MUST hit the target with your first bullet, or the werewolf will rip you limb from limb, e.g., lost investment, short sale, damaged credit rating.So the short version is, get your FIRST property, get settled, then start planning for your second and subsequent properties.

18 August 2022 | 20 replies
We need more energy, workers, and materials...can't grow GDP without them and the cost of everything stays high.
5 August 2022 | 1 reply
You're asking someone to spend a lot of time and energy to share what they've spent years - maybe decades - learning and developing.

9 August 2022 | 5 replies
I feel like there is no use wasting energy on leads buyers do not want.

6 August 2022 | 4 replies
There is only $80k left on the current mortgage as well, monthly payments are in the $400 range for the house.I spoke with one of the family members who will have ownership of it and they said that both of the owners will not want to put the time and energy into rehabbing it to sell for a higher price, so they would like to just let go of the property and sell it.