Jon Martin
Does Cost Analysis, Bookeeping, Budgeting etc Count as Material Participation?
29 December 2023 | 3 replies
To be clear, this would be for an STR where the goal is to show an active loss (with cost seg/Bonus Depreciation) against W2 income.
Scott Gaspar
All in with only $40k, is it still possible?
27 January 2021 | 16 replies
@Scott Gaspar, for my first rental in Detroit, I was all-in for about $45k including closing costs and a $2500 bonus to my agent for helping me on a property with such a low commission.
Mike Adams
Making #s work in New Jersey (Bergen/Hudson County)
29 July 2021 | 13 replies
Although not often, im coming across properties that net $1,000 to $1500 on the MLS but usually as someone else mentioned people who are going to be living in the property dont care about the numbers or if it has a "bonus" unit in the basement or attic they are counting on that income as well.
J. Martin
Deal/Success Story in Process: Cash Flow in the SF Bay Area
7 September 2014 | 50 replies
Yup, I know all the HW floor tricks too :) even on higher end homes, having original HW (or softwood, Douglas fir) is a big bonus.
Jessica Pham
Help! My House Flip won’t sell
13 November 2020 | 15 replies
You have to find that price.You can try to sweeten the pot with a free home warranty and a $1,000 bonus (paid at closing) to the buyer's agent if the property is under contract by [date] and closed by [date].Aside of that, revisit your comps and drop the price by at least $10,000.
Scott Sloan
A Few Wholesale Questions
19 January 2023 | 2 replies
Bonus Question: Any tips on how to convert an upset caller (who says "stop calling me") into a sale??
Michael Koch
MFH in Dallas 75212
31 December 2023 | 3 replies
Now if you are going to live there and rent bedrooms, well that might work a lot better....and just ends up being a nice bonus to you towards the mortgage.
Eric Johnson
Membership promo code
10 April 2020 | 2 replies
This code will give you a 20% discount code for our Pro Annual Membership, with a bunch of bonuses.
Tyler Speelman
Residents found a house they want to buy and want to break lease
15 October 2019 | 83 replies
In fact, it's bonus after you were not willing to accommodate their life changes whatsoever, now you get to show it/sign it before the lease is even up, with it vacant.Post again when you actually have a problem - lol!!!
Eric Williams
Cost Seg Assumptions
9 October 2023 | 1 reply
If you cost seg and bonus, then sell it two years later, you have ordinary recapture and much less potential capital gain.3) You don't have to bonus all asset classes, be selective.4) There is an assumption when you are presented the potential benefits by the vendor that you will hold it until the end of the class life, which could be 27.5 or 39 depending (possibly unlikely)5) Even if you bonus it or 179 it (together potentially), the deductions might be so much greater than the income it gets suspended at the activity level.