Alexis Zion
How do I deduct, in this year, a Heating Systems for my 8 unit building
15 October 2014 | 6 replies
Certain alternate energy components, they qualify for a shortened depreciation period.In any case, by shifting the heating costs, you've increased the value of your asset pretty dramatically.From bizfilings.com/toolkit/sbg/tax-info/fed-taxes/cost-of-capital-assets-not-deductible-expense.aspxBeware: Buildings Are Actually Multiple Units of PropertyIf you own a building, you already are aware that there are numerous systems within that building, such as the plumbing system and the heating system.
Zach H.
Needing insight on how to find properties,foreclosures
16 October 2014 | 7 replies
Yes there are numerous ways but it takes some creativity and perseverance....I started on a shoestring budget so I searched websites that scan multiple website posting all at once like searchtempest.com and searched for motivating keywords to find sellers and even landlords.
Account Closed
How do you direct market when you can't market directly?
12 November 2014 | 7 replies
With her limited understanding of direct marketing (probably based on my poor explanation), my wife thinks it somehow denies sellers what they could otherwise get for their properties if properly represented.
Matt Huneycutt
Build and Hold. Pros and Cons of building new SFR rentals
21 October 2014 | 2 replies
There are numerous possible pitfalls- make sure you understand the zoning for the property inside and out.
Felecia Sewell
I will not give up!
15 December 2014 | 37 replies
Your results will improve in time as your numerical efforts increase.
Fitzgerald Hall
Real life of a NEWBIE investor
27 October 2015 | 46 replies
I've spoken to numerous people who ask for more information about our company and our reputation.
Account Closed
Rehab Contractor Budgeting Calculator
20 October 2014 | 2 replies
I would be able to add my own estimated costs into this program and/or formula once and save it, then when I would be analyzing a property I could just put number of bathrooms: 2, the program/sheet would then give me an approximate estimate for 2 bathrooms going off of the estimate numbers I have originally entered.I basically want to setup this sheet in a way that I can enter all the estimated prices associated with a home once, save it, and then reuse it where I can go through it quickly enter a numerical value of how many bedrooms, bathrooms, kitchens, flooring etc. needs to be redone and at the end it will give me a full price for the project.Please let me know if anyone is using anything like this or if I was not clear in my explanation.
Terrence Smith
Atlanta Metro Buy Fix and Hold Investor looking to grow.
29 October 2014 | 10 replies
Your networking will also lead you to numerous deals just a matter of getting out there and analyzing them as they come.What made you interested in the buy-fix-hold strategy?
Mike Miller
Whats an example of a general, involuntary lien you might see on a preliminary title report?
20 November 2014 | 3 replies
Thats about it, just needing some possible examples/explanations on this from professionals.An example of a general, involuntary lien you might see on a preliminary title reportThanks
Mike Coleman
Reasonable lender request?
21 November 2014 | 8 replies
This underwriter also wants an explanation as to why we changed our mind from selling (deal fell through - buyer could not close) to renting (hot market, >$1000 / month income).