Mark Rairdon
DMV Titles for Park-Owned Units
21 September 2021 | 5 replies
On a larger park, I would recommend a formal cost segregation study for this, but an 8 unit park is too small for that to make sense, so you can also assign a value in the bill of sale to include:Landscaping shrubbery & trees: 35 mature trees approx. 20’ tall each, pool equipment, roads: XXX square yards of asphalt paving, sidewalk and curbing, electrical pedestals, concrete pads, underground utilities for electric, sewer or septic, pool, clubhouse, etc.
Maksu Ize
Deal analysis - Alberta Canada
11 September 2021 | 2 replies
Utilities - is that just for common area heat?
Jay Smith
How to add water and heat to mouthly rent
10 September 2021 | 1 reply
In my area the Landlord is responsible the these Utilities, how do i Determined these rents for utilities the those until.
LaMiracle Schaefer
Can I use my LLC as the Landlord for a property personally held?
10 September 2021 | 6 replies
Can I utilize the business bank account or would it be easier to have the funds separated personally since the income is technically not under the LLC?
Karla Torres
Off market 100% leased Shopping Center
18 September 2021 | 12 replies
Yearly expenses (utilities/repairs) $6k.
Andrew Kamisato
FHA Loans and Travel Work
13 September 2021 | 2 replies
The bright side, is my company will cover all rent and utilities while I'm traveling, so that frees up a lot of money for me each year.
Julio Gonzalez
Research and Development Tax Credits
13 December 2021 | 6 replies
Here are some examples:Schematic Design DevelopmentDevelopment of energy-efficient features that are uniqueDevelopment of elevated drawings for planningDevelopment of plans that meet specific/unique load requirementsUse of Alternative materials that meet certain requirements or improve design.Value engineeringDesign that is sustainableEnvironment designNew material testingEnvironmental impact studiesDetermination of substitute HVAC systems or improvements to the systemsDetermining alternative structural designDeveloping or improving lightingHave you utilized any R&D tax credits?
Joe Splitrock
Explosion at Apartment Complex
22 April 2022 | 1 reply
Details say the management company had contacted the gas utility to report a gas odor prior to the explosion. https://www.msn.com/en-us/news...For the sake of discussion and learning, I thought it would be interesting to discuss what your policy is for dealing with situations like this.
Joe Waters
STR Utility Expenses - Where to find this data?
14 September 2021 | 6 replies
For STRs... what's the best way to gather the data on utilities, pest control, pool cleaning, general maintenance, etc...?
Donald Hlava
16 Unit Multi Family Analysis
14 September 2021 | 8 replies
Expensesget taxes from county. look at current valuation and you should have a good guess at how much it will go up based on purchase price.Find out what expenses are paid by LLVerify which utilities are separately metered; get average winter/summer monthly costs from utility company for any 'house' accountsGet quote per door from your insurance agentGet a quote from your landscaper (find out what they pay)Get a dumpster quote if you don't have city trash binsFind out if there is a parking lot sewer feeFind out rental registration requirements and costs (can be both county and muni)Income:Get the rent roll, In the contract require that you get estoppels signed by tenants and current owner saying amount of current rent, security deposit held, past due balances, and spelling out any promises for additional work/upgrades (there shouldn't be any).