Alicia Marks
QOTW: What are your best (and legal) tax saving strategies?
17 December 2021 | 63 replies
We shred old tax documents and receipts as they have reached their holding period of 3 - 7 years.
Emily Kuhn
Two claims on policy, insurance dropped us; who will cover now?
6 December 2021 | 2 replies
Apparently most carriers will do this if you have two claims within a five-year period.
Dan H.
Proposed regulation on real-estate purchases made in all cash
7 December 2021 | 1 reply
The initiative, subject to a public comment period, would seek to make nationwide current reporting requirements on transactions in 12 metropolitan areas with residential property selling for more than $300,000, officials said.
Zack Klesch
Help Requested: 1 Bedroom vs 2 Bedroom
6 December 2021 | 3 replies
You also get your payback period...6.6 years in this case.
Celest Southwick
In need of development advise!
20 December 2021 | 10 replies
Typically, a developer needs to do the early stage work and run numbers based on preliminary data to figure out two things: The 1st is define what the Planned Project is all about (Highest & Best Use, Density, Finish Levels, Cost, Income, Expenses, Capital Stack (Debt & Equity), Partnership Structure with an Investor, Holding Period and so on.The 2nd is for the Developer to figure out the deal structure with the Landowner; If a purchase, settling on a fair due diligence period that will allow the developer to close at the time the Project is “shovel ready”, the milestones associated with the permitting process and the earnest money released to the Seller as the deal progresses.
Franklin Romine
Bought 1st Mobile Home Park in CA...Collecting Rent and Fines
10 December 2021 | 4 replies
If you are over for a bill period it's likely minimal and then tenant can probably absorb that amount in the monthly payment.
Ross Shively
1031 exchange then sell to avoid taxes
1 January 2022 | 16 replies
You will only get to prorate the gain between periods of qualified use (as your primary) and non-qualified use (as investment).3.
Frank Del Corso
How to screen good contractors & set up a scope of work
8 December 2021 | 9 replies
As the investor, I take what my daily periodic holding costs are (which include interest costs, utilities, property taxes, insurance, any recurring monthly payment to hold the property) and total that.