Brad Fausett
When you analyze a deal, what is your target cash flow?
So I wonder what most of the other investors with multifamily rentals in the CLE market strive for number wise? I am not sure if I am expecting to little or too much? I am using the 50% for expense rule, after that...
Cody Godfrey
How would you valuate this park?
I’m looking into possibly purchasing a mobile home park about 4 hours away from my home town.. it’s in a great growing market. The owner is 84 years old and sounds very willing to give it up as his kids want nothing t...
Jessica Price
What would you do? First time home buyer in ATX
I've been renting in Austin, Texas for the last year because I can't really afford to buy here. My current rent is about $1,350 and I found a condo listed at 215k, which I think I could get at 200k. That would put my ...
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Questions on Real Estate Tax Strategy or Investing
As a specialized real estate CPA, I'm here to provide expert guidance on your most complex tax matters, from navigating 1031 exchanges and cost segregation studies to optimizing your rental property deductions and han...
Dan Bowe
How to underwrite core deals in this environment
Seeing the market in reading the big brokerages reports on the main metros I invest in, everyone estimate rent growth at 0% for at least a year or two. Expenses naturally rise with inflation - insurance, property tax,...
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Depreciation for foreign rental property
I have a question regarding Canadian rental property for US taxes. As you know the foreign rental property is subject to a 40-year linear depreciation in US. Taking depreciation allows me to reduce my taxable rental i...
Chad Coleman
How to file Sigle member LLC taxes with house sold in 2022
Hello All: Any help will really be appreciated.I have a regular full time job with W2, married, started a single owner LLC in 2021 and purchased a property under the LLC in Dec 2021 with the intention to rent it. Then...
Estrella Carolina Mckinney
A great benefit
Is there anything you've really wanted to find in homes that you don't see often that would increase your profit or reduce your expenses?
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Ask me questions on Real Estate Tax Strategy or Investing. Answering all Questions.
As a specialized real estate CPA, I'm here to provide expert guidance on your most complex tax matters, from navigating 1031 exchanges and cost segregation studies to optimizing your rental property deductions and han...
Sean Bramble
Executory/ land contract tax question
I’m considering buying an STR property with a land contract (also known as an executory contract or contract for deed) with 0% interest payments … meaning each payment would be pure principal pay down. No interest exp...