26 November 2018 | 3 replies
In other words, you could spend $3,000 on the equipment to get $1,000 in tax deductions.
6 July 2018 | 9 replies
Numbers for 1 of these identical duplexes are below:$180,000 purchase (2580sf)$75,000 renovation$2800/month gross rents SF homes sell for up to $160/SF in this neighborhood The income approach would be...(2800*12*.75)/.08 = $315,000 (if I understand typical calculation correctly) Lender will do 80% LTV with 12 months seasoning.Thank you in advance for any information you can share!
21 July 2018 | 10 replies
The biggest challenge is likely maintaining the separate identities of the company and its owners/shareholders.
19 July 2020 | 3 replies
Each state has different laws (including recourse and default) and once you have the atty's form, you'd be better equipped for the next deal.
18 September 2018 | 4 replies
I calculate mileage once vs for each property, when I buy tools and equipment for all properties like a shop vac or saw or light bulbs, I have an entity to apply it too.
11 July 2020 | 2 replies
The trust does no business except with the C Corp, leasing houses/equipment, at a profit.
26 October 2022 | 13 replies
A cash flow today is more valuable than an identical cash flow in the future because a present flow can be invested immediately and begin earning returns, while a future flow cannot.I was one of my very satisfied client said, "The main reason we did the cost segregation study was to get immediate cash flow right away.
19 February 2022 | 6 replies
Add in maybe 2 hours to get the work done, that's valuing your time at less than $18.75/hr (because the cost of equipment, gas, and other supplies have been left out).
6 February 2022 | 9 replies
It's based on comps, and the best comp for a property is one that is identical, and sells within the same timeframe.
26 January 2022 | 1 reply
equipment is it cheaper to construct freezer spaces vs. buying the walk-in freezer containers?