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22 February 2018 | 6 replies
& Regs. 1320-4-5-.16]: + Medical and allied health services, except services of persons making dentures and artificial teeth. + Religious, charitable, legal, educational, domestic, accounting services, architecture, engineering, surveying, and veterinary services. + Services rendered by nonprofit membership organizations for the promotion of the interest of the members. + Nonprofit educational and research agencies. + Public utilities as defined under Tenn.
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22 February 2018 | 12 replies
The strategy has been very good to me, and I'm a fan.Separate your construction costs into soft, horizontal and vertical components - soft for city fees, professional services , and holding/financing costs ... horizontal for any site prep, public improvements, and underground work ... vertical for foundation and everything on top of it.
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21 February 2018 | 5 replies
From experience I noticed that a lot of people may not be interested in an item/product/service at a time but are willing to entertain a conversation as long as you are upfront.
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23 February 2018 | 40 replies
My Timber farmers who were just salt of the earth folks who lived off the land.. the biggest obstacle was they simply did not believe in anything other than selling and paying tax's.. most did not believe it was legal to 1031 timber deeds.. most of the time they just used a tax service and relied on them for their tax advice..I see most veteran property owners as not easy marks at all.. most of the time they want more than the property is worth.. :)
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23 March 2018 | 3 replies
I would then put it back into service when the property is again used as a rental.example.1/1/2017 - 3/31/2017 used as a rental4/1/2017 - 6/30/2017 used as a personal residence7/1/2017 - 12/31/2017 used as a rentalCalculate depreciation from 1/1/2017 through 3/31/2017 and have the software calculate depreciation.Retire the asset from 4/1/2017 through 6/30/2017Then put the asset back into service from 7/1/2017 and 12/31/2017.It is important to put the accumulated depreciation back into the asset because this is your adjusted basis when you plan to sell the future again.Converting the property to personal and back to rental does not reset your basis.
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20 February 2018 | 3 replies
For example: You can't ask for a pet deposit for a service animal.
21 February 2018 | 11 replies
Maybe laziness is a poor choice of words, the industry is more of a marketing game than a true service business.
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24 February 2018 | 7 replies
Debt service is higher (with both) which makes it more challenging to make the mortgage and with zero down you have very little incentive (without a full-recourse lone and assets) not to walk away.
3 March 2018 | 5 replies
I had not considered Air BNB but that is definitely an option, I have found one prop management company that charges 5-7% depending on services offered.
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20 February 2018 | 3 replies
Raymond Hill Everything the debt service and PROFIT!