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1 October 2024 | 1 reply
On average, 20% to 40% of those components fall into tax categories that can be written off much quicker than the building structure.A Cost Segregation study dissects the construction cost or purchase price of the property that would otherwise be depreciated over 27.5 or 39 years.
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2 October 2024 | 5 replies
Are you getting the same coverage for the quote from each company.
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30 September 2024 | 17 replies
The key is to make sure you purchase your the home at the lowest cost and know what your after repair value will be to see if you will actually be able to make a nice margin after netting all cost.
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4 October 2024 | 2 replies
My Milwaukee clients aren't using that method, but as you know it can help with closing deals quickly.
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29 September 2024 | 5 replies
It's a few hundred dollars, and probably worth it not to screw it up given the dollar amounts you are dealing with.
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4 October 2024 | 1 reply
The 10 Dumbest Comments Said to me by Real Estate ProfessionalsI actually find most real estate professionals (brokers, appraisers, etc.) to be competent or even VERY competent (at least the ones I try to deal with).
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4 October 2024 | 10 replies
That said, if you're barely making the net worth cut even with home equity - the agencies will likely at the deal with additional scrutiny.
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3 October 2024 | 3 replies
Under MD law they would be responsible for the costs of those improvements and would be responsible for restoring it to the original condition at the end of their lease.
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1 October 2024 | 1 reply
Can't decide which is better so I'd love to connect with anyone who has used one or both of these tools to figure out what they liked/disliked etc.Those two platforms are completely different from each other.I haven't used any of those two, however, I was a developmental controller at one point in my life and the construction team was using Procore as they were targeting large projects such as 100+ units groundup development.I believe BuilderTrend is made for remodelers and home builders.Right now, I am partnered up with someone to do construction and I am just handling all the financial side of things, currently using Monday and QBO to make it work.
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1 October 2024 | 7 replies
@Tom Harkins- I am quite late in asking this, but what were some of the pitfalls or perhaps disadvantages in dealing with a claim yourself?