Andrew Pettit
Accountant Fee to High?
26 April 2024 | 11 replies
Our area is not unique, this is a nationwide issue (opportunity) for accounting firms.In the end I think many would be well served to think of their CPA/EA as they do an attorney - while they can also help provide planning advice to better structure your tax life and save some money, a portion of the cost is just a cost of doing business - you are required to be compliant by the Feds / states / etc, and the CPA/EA is insurance to ensure you get it right and stay out of their way.
Thomas Talbert
Need some BIGGG Tax Breaks
26 April 2024 | 12 replies
If your PM doesn't already have a retirement plan, there are credits right now against the costs of setting one up and training.
Faiz Kanash
Question about how Gross income should be reported on a flipping business...
26 April 2024 | 10 replies
Your "gross profit" for flips is going to be what the property sold for minus all Cost of Goods Sold for the property (purchase, closing costs, renovations, holding costs, selling costs, etc).
Bashir Hopewell
Rehab estimates help
26 April 2024 | 5 replies
If the foundation of a home needs work, how would I estimate my repair cost on a home that has 1800 square feet ?
Anton Gerondine
Remodeling and Developing Triplex into 4 or 5-plex
26 April 2024 | 4 replies
If the ADU actually costs you $500K, it's barely worth it in terms of cashflow.
Mary Pastoral
First deal needing major renovation: proceed or terminate the contract?
26 April 2024 | 4 replies
Up (2 bed/ 1 bath) and down (1 bed/1 bath) duplex located in a B-/C+ neighborhood in CincinnatiPurchase price: 147,500Estimated cost of rehab: 38,050ARV 215,000Rent-income: 2,045/monthCOC ROI: 7.75%My hesitations:1.
Satish Nallapaneni
Cost for building a 1-car or 2-car attached garage
23 April 2024 | 2 replies
How much does it cost to build either a 1-car or 2-car attached garage to an existing home in the Farmington Hills area.
Erick Garske
Marketing an single family home in Edina
26 April 2024 | 1 reply
After assessing the cost of remodeling, and either renting or selling the property weighed against the advantages of selling as is to a builder it seems to make more sense to sell it as is.
Arjan Amiri
Matt Theriault's Epic Pro Academy Is It Legitimate?
29 April 2024 | 32 replies
It ultimately cost us almost $100,000.
Andrew Postell
HOW TO: Avoid the “DUE ON SALE” Clause
28 April 2024 | 20 replies
Just another cost that a lender has to consider on a PERFORMING asset.