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19 May 2021 | 0 replies
No decision has been made but media outlets in South Korea are reporting that the technology giant is likely to choose Austin for the semiconductor factory.Austin is already home to a large Samsung manufacturing campus, with two fabrication facilities or fabs.
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20 June 2021 | 1 reply
Instead of calling to report the issue, she went and purchased space heaters and then demanded we reimburse her for cost of the space heaters.
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24 May 2021 | 11 replies
I explained some of my minimum requirements (10% COC, 8% cap rate, etc) and provided multiple BP reports to the seller along the way to justify our offers.
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21 May 2021 | 10 replies
In my case it was for a flip, so we gave in and bought it, even though all of our business revenue was reported in the city in which we conducted all our business (collected revenue and paid bills.)
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20 May 2021 | 0 replies
A recent Bankrate report lists low inventory, builder's inability to keep up with demand, an influx of new buyers, strict lending standards, low rates, and muted foreclosure activity as the six reasons why they believe no crash is on the horizon.
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1 June 2021 | 8 replies
Repair the items that came up from the inspection report. 2.
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29 May 2021 | 6 replies
There are so many items you need to check on a mobile home park in due diligence and we wrote a course around it.Here is a short list of the most "deal-killing" items:1) Test ad.2) Certificate of Zoning from the city or county.3) Phase I environmental report.4) Review of last 3 years of P&L (and tax returns if available).5) Forward forecasting budget.6) Rent roll and payment history.7) Review of the water, sewer and electric systems.8) Size of each lot.9) Confirmation of which homes are occupied and which are vacant.10) Rent comps on all competing mobile home parks.11) Study of the metro market.12) Survey and title.Mobile home parks are much more complicated than they look.
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26 May 2021 | 2 replies
@Matthew J.If this was a rental property, it was a business asset and the gain would be reported as a gain on business asset(section 1231/section 1245/section 1250) reported on form 4797.
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21 May 2021 | 5 replies
Total reported expenses: $123,556.
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27 May 2021 | 33 replies
Could you please look over one of my example reports and see if I'm missing something?