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20 July 2022 | 7 replies
I think I have decided I want to do cost seg studies on my portfolio to accelerate depreciation.
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26 July 2022 | 10 replies
Challenges include current tenants with a language barrier.
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9 July 2022 | 5 replies
There is a tiny chance that, after a thorough review of your circumstances and studying recent court precedents, we can find some room for an aggressive position on one of them, but notice the word "tiny" that I used.Excellent point made by @Richard Duane McClellan: if the existing deck cost $20k, and only $5k of it had been depreciated, then you can write off the remaining $15k of it at the time you replace it with a new one.
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18 July 2022 | 6 replies
That's a huge tax savings from your cost segregation study.
19 July 2022 | 9 replies
I am looking for a referral to conduct a professional cost segregation study on a new building in SE NC that we are developing.
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15 June 2022 | 6 replies
In the same vein, that option is plan "Z" if there's ever a divorce.Currently, I'm studying/researching/reading and basically going through every blog/forum/video and taking notes.
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17 August 2021 | 35 replies
The contract financing contingency will contain language that deals with loan denial, and in the contracts that I am familiar with (Florida and Ohio), there is language that lets you out after the deadlines.
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20 August 2021 | 8 replies
Notwithstanding any other language to the contrary, should the Governor declare a state of emergency pursuant to § 44-146.17 of the Code of Virginia in response to a communicable disease of public health threat as defined in § 44-146.16 of the Code of Virginia, and if that declaration specifically provides that the eighth enactment of Chapter 552 of the Acts of Assembly Special Session I shall supersede the language set forth in enactment sixteen of this act then this sixteenth enactment shall not be effective so long as such a declared state of emergency remains in effect.
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27 August 2021 | 19 replies
I mostly used BP as it is filled with other like-minded folks that speak the same language in terms of investing.
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14 January 2022 | 7 replies
If you would like them to stay beyond (some future set date, ~ 30 days out), they would need to be screened, added to your lease and your lease amount would increase by $XX"Second, the moment calls for a review of your standard/existing lease language.