Cory J Thornton
New Construction VS Existing Housing
10 May 2024 | 23 replies
You get grandfathered into the codes that were in place at the time, you get the old setbacks, you don't pay an architect, engineer, city and permit fees, plan check costs, school fees and other costs that will not come with an existing house.Not saying that you can't build new for less than a remodel, but not usually when you add in all the costs above.
Johnathan Mark
Seller Financing: Multifamily Property (Texas)
11 May 2024 | 10 replies
They have costs to do deals with them.
Kimberly Agnew
Direct book payments
10 May 2024 | 3 replies
Airbnb costs what is costs and it protects both parties.
Carlos Ptriawan
Biggerpockets and AI
10 May 2024 | 7 replies
Costs are also a bit high right now and it’s a substantial investment, likely $1000s per day to run at a scale that would be useful to the community.
Gustavo Nascimento
What is an acceptable response time for a CPA to prepare my tax return?
10 May 2024 | 23 replies
I paid for a cost seg study on my only str property.
Nilusha Jayasinghe
Tracking receipts for taxes with PM company
7 May 2024 | 5 replies
In the portal (they're using Buildium) we have a breakdown of the labor and smoke alarm costs, but there are no receipts attached.
Shawn C.
Self Directed 401k for Apartment Complex
10 May 2024 | 6 replies
By making extra payments or paying more than the required amount, the borrower can accelerate the repayment schedule and potentially save on interest costs over the life of the loan.
Sophia Oberlander
Real estate professional status qualification
10 May 2024 | 7 replies
From a tax planning perspective, you are only allowed to start writing off the home once it is placed into service (once the lease starts).You are also only allowed to write off the depreciation, and any other costs or losses against the earnings from the property.That is, unless they get the real estate professional status, which requires 750 hours a year working in real estate.
John Castleberry
CPA Recommendation & Cost Segregation Analysis
6 May 2024 | 10 replies
Hello Everyone,I am new to the community and looking for a CPA and professional to conduct a cost segregation analysis.
Marc Delgado
Outsourcing Accounting/Bookkeeping duties
7 May 2024 | 16 replies
But you may not enjoy book keeping or think your time is more valuable spent elsewhere, hence the desire to outsource services to low cost service providers in India.