6 June 2024 | 19 replies
I recommend that the company should visit the property in person, ensuring thorough analysis and accurate identification of eligible components.
21 February 2024 | 7 replies
What components did you replace?
23 September 2024 | 8 replies
You might also consider using cost segregation to accelerate depreciation on certain components of the property, especially given the significant rehab costs.
11 September 2024 | 18 replies
This approach could allow you to accelerate the depreciation of certain components of your property, including the new fence.Please note that you cannot apply a Section 179 deduction to real estate improvements, as Section 179 is not applicable to real estate properties.
12 September 2024 | 4 replies
If your plan has both tax-deferred and Roth 401(k) components and is written to allow for in-service Roth rollovers (most do), you could roll the money you've stashed in your traditional IRA into your tax-deferred 401(k) and then do an in-service rollover, once the money is in the 401(k).
16 December 2015 | 0 replies
This could be structured into the deal, as it would definitely put "skin into the game".While it really wouldn't help to sell the shop per se, as it doesn't add value to the detriment of the area and lack of foot traffic, it is a better and efficient system than the radiated heat.Any thoughts, even anything outside of what I said, is GREATLY appreciated!
7 October 2016 | 10 replies
It gives me a good picture of the cash-flow in the most recent fiscal period (typically a year), but to carry that forward 2, 3, 5 or 10 years encompasses as many assumptions and predictions as does calculating an internal rate of return.Now, you can discount future cash flows and endeavour to calculate a series of CoC values ... or, perhaps an average CoC over a period of time ... but you are now getting into an exercise which is not entirely different than determining/projecting a rate of return :-) Naturally the cash return is a component of overall rate of return."
22 November 2013 | 2 replies
Answer: Yes, depending upon the amount of the components that need to be removed.
27 August 2018 | 13 replies
@Emily RefiThe two common choices for investing retirement funds into real estate are the self-directed IRA and the Solo 401k.The Solo 401k requires self-employment activity, but will allow you to take participant loans while the IRA does not.A few other Solo 401k benefits: Compared to an IRA, Solo 401k contributions limits are roughly ten times higher.There is no custodial requirement for the 401k.You don't need the additional expense and administration of an LLC to have checkbook control.There is a built in-Roth component whereas IRAs are either traditional or Roth, not both.A spouse can also participate in the same Solo 401k plan.The Solo 401k has additional tax benefits over an IRA when investing into real estate using leverage.The penalties for prohibited transactions are less severe, though it's best not to utilize this benefit :)With either structure, it's generally recommended that you do not commingle retirement and non-retirement assets.
13 January 2024 | 356 replies
I get that for sure.. so to me I still have to earn the money one way or the other .. so to minimize interest expense is my goal number one.. ( on long term held assets or my primary secondary or tertiary personal homes that I use.. and no debt is best for me.now for most it does not matter.. but for us that are developers net worth actual true net worth and not a lot of long term liabilities is important component of getting loans.