Alex Aronson
What % of gross rents should be allocated to repairs
Hello,
Just finished my taxes for 2008. I noticed that my % of cost from repairs compared to gross rents was 4.7%. I currently budget 10% of gross rents for repairs. IE if rents are $800 a month, I set aside $80 f...
Edita D.
Analyzing multi-family: how much to allocate for repairs?
Hey guys! I am playing with the numbers to see if Pittsburgh is a market we want to invest in.When analyzing the property, how much do you allocate for repairs/maintenance costs for older buildings in Pittsburgh?Here'...
Andrew Eherts
Thoughts on portfolio allocation in the face of risk?
Hi All,
I'm new to the forum and this is my first post. What a great community!
I was researching strategies and attempting to formulate a solid way to diversify my future portfolio against market risk (and adjust t...
Michelle W.
Small multifamily parking - van accessible space and allocation strategy
Hi all - I am in the design and permitting stage for a new construction 4-plex on a 6,000 sf lot in Northern Virginia. This is a new building type after some zoning reforms implemented this year, so the local industry...
Anthony Freeman
Private equity partnerships
Are shareholders to take a percentage of total deductions based on their share of income on their K-1's or the full amount. For example if a shareholder owns 20% of the LLC do they take 20% of the deductions on their...
Bernard Reisz
Cost Segregation Studies and Reports
Your input is valuable: How do you want your Cost Seg study prepared?For context, let's cover some Cost Segregation fundamentals, and explain the interaction between Land Value and Cost Segregation:Cost Segregation is...
Chris Connery
Splitting taxes/income between LLC members
Hi all,IS it legal for one member of a dual member LLC to claim all of the income/pay all of the taxes on their tax returns. Leaving the other partner not claiming the income/ not paying the taxes. This of course has ...
Justin Brin
What percentage is the structure worth vs land for depreciation?
What percentage is the structure worth vs land for depreciation?In California in the property tax bill you can see sometimes the land is 90% and the structure is 10% but the reality to rebuild the structure can someti...
Joel Hall
How to allocate LLC shares between active members and LLC
Hello-My friend and I are interested in starting a REI LLC in CT. I've read about examples of structuring the the LLC so that a % of the share/profit goes to my friend and I for doing the "work" and the other % of th...
Kate McClinton
Calculating Building Basis -Appraisal vs. Property Tax Assessment
Is it permissible to use the allocation of building to land from the county property tax assessment instead of an appraisal? My CPA said we had to use the appraisal allocation as it was the most accurate, yet the pro...