Will Wallander
Appliances purchased prior to placing my rental into service
16 February 2022 | 3 replies
@Michael PlaksIf a new rental property is purchased Day 1, Repairs and Improvements are performed Day 2, and Rental is listed for rent Day 3.Can de minimis safe harbor, bonus depreciation, or Section 179 be used to currently deduct all Day 2 expenses (assuming invoice line items are below $2,500 for the de minimis test) versus capitalizing?
Michael Fernandez
Securities Attorney for Drafting a Syndication Contract
30 January 2019 | 3 replies
@Michael FernandezSecurities Attorneys don't have to be state-bound.
JOAQUIN MARTINEZ
In search of CPA in Houston area
7 February 2019 | 9 replies
@JOAQUIN MARTINEZ @Victor Rios @Rani Ismail@Michael Plaks is an accountant based out of Houston and may be able to assist.Michael - I am considering moving over to Houston with the amount of investors looking to connect with an accountant!
Michael Baffuto
Union city, New Jersey buy and hold
3 January 2021 | 31 replies
@Michael Badin thank you for your note.
Alex Hymanson
Capitol Heights, MD Neighborhood
18 September 2021 | 42 replies
Everything Michael mentioned is true.
Juan Diego
Greetings from Bogota, Colombia
11 October 2021 | 11 replies
@Michael ReisererBecause of the lack of availability of bank financing at rock bottom interest rates, there is indeed many strategies that work in the US that won't work in Colombia.
Leo Poon
Has anyone done this in STR? Am I too optimistic on this strategy
9 December 2018 | 12 replies
@Michael Greenberg Yes, it will work with tiny houses as each tiny house is a unit.
Andrew Neal
Be your own hard money lender through your own LLC?
4 December 2019 | 16 replies
@Michael Garofalo@andrew nealThe IRS has absolutely no say in what percentage interest can be charged in a situation like this, or most to be honest.