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21 March 2024 | 8 replies
For us having a system like described means that we "know our numbers" which is critical in actually understanding where you are.
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20 March 2024 | 4 replies
I'm concerned that with your investment pattern as described here.
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19 March 2024 | 12 replies
.; many RE investors have comparatively longer time horizons, and I would assume that most RE investors have a lower tolerance for risk).I'm a RE investor, and don't have any crypto, but I have plenty of friends who hold a lot of crypto, and we've discussed crypto endlessly...At the risk of sounding like a luddite, even after years of discussions and reading countless articles, I still don't feel like I have a good understanding of crypto. ...and frankly, I'm skeptical of people who claim to have a thorough understanding of it (yet, there are no shortage of self-proclaimed "experts" who describe crypto with the confidence of someone predicting a sunrise!)
19 March 2024 | 12 replies
I’ll attach a link to a page that describes this in detail as there’s some things to note. https://www.realtymogul.com/knowledge-center/article/what-is...3) who’s your ideal tenant?
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18 March 2024 | 5 replies
However, there are specific rules and requirements that must be followed to qualify for this tax deferral.In the situation you've described, your client wants to use a 1031 exchange to buy his mother's land.
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18 March 2024 | 7 replies
It's the nightmare you described ad infinitum.
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19 March 2024 | 17 replies
I am curious.Hey Mark, This scenario you describe has not happened in our firm with any of our clients yet, but I have heard from other accountants that it has happened before.
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17 March 2024 | 2 replies
They pretty much haven't been in the place for the last 2 months (water was shutoff in December last year), there is still food in the fridge, the microwave is growing its own forest, trash everywhere, food everywhere, the walls/carpet are just... nasty, and I won't even describe the bathrooms...
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20 March 2024 | 19 replies
The section you posted only applies to the "primarily for business" situation, which is not what OP described.
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18 March 2024 | 10 replies
Taking the deal as you described it could be what they want and to that, I would wonder why they haven't taken the cash offer.