Mayank Jain
What happens after the period of cost segregation study completes?
Hey folks,
I have a fun question on cost segregation study, around which I am trying to build a house hack thesis.
ScenarioLets say, we have a $1M property ==> Building cost : $800k, land cost : $200kNow we do a...
Joshua Durrin
Finally Ready! Newbie in the East Bay Area! Hi!
Wow BPers,
I finally did it! I finally completed my business plan and feel ready to make my intro and get going.
I've been cruising through these forums for a bit without having done a formal introduction until n...
Doug N.
Rehabbing Paper - A How To (Minus the 'How' and 'To')
Hello BP Nation - I have seen some interesting references in a few posts about rehabbing paper (converting non-performing or under-performing notes, I believe), and though I have searched high and low on BP, it seems ...
Ray Trounday
Difference between Yield and Return on Investment for a Note
I am getting myself confused between Yield and ROI. For illustration purposes, lets say that we are evaluating the following note:Original Principal Balance: $100,000Interest Rate: 5%Term: 360Payment (-536.82) Calcul...
Julio Gonzalez
Incentives for Cost Segregation Studies
Did you know that the tax code offers many incentives for real estate property owners that have a cost segregation study performed, thus allocating costs to 1245 property?
A Cost Segregation study is an IRS approved ...
William T Stephens
During a Recession Business Basics
Avoid increasing, and if possible reduce, your exposure to these financial risks.For example, you'll want to avoid becoming a cosigner on a loan, taking out an adjustable-rate mortgage, and taking on new debt all of...
AJ Wong
How accurate are AirDNA estimates & calculators for STR's?
Not a day goes by when a vacation rental investor does not ask: "How accurate are AirDNA rentalizer estimates and projections for short term vacation rentals?" The simple answer is highly accurate..A recent CBRE repor...
Sonny Sach
Can I use accelerated depreciation in a syndicate?
Hi,Can accelerated depreciation be used in a syndicate to lower the tax burden?Thanks,Sonny
Will Wallander
Appliances purchased prior to placing my rental into service
I purchased a foreclosed property on August 7, 2018. I rehabbed the property and placed it into service on September 30, 2018. My tenant signed her lease on October 11, 2018 and moved into the unit in early November...
Erik Kubec
Solo 401k Equity Trust Company, Single member LLC: 1099 income not eligible?
Hello folks,I have had a Self Directed IRA at Equity Trust Company for a couple of years and highly recommend the company.As part of our retirement plan, my wife and acquired 4 investment properties as follows: 3 SFR...