A cost segregation study is one of the most beneficial tax benefits for commercial real estate properties. One key piece of a cost segregation study is identifying the land value of your property as it helps you be co...
Hello, I have been working on coming up with a more accurate personal balance sheet (as have my two partners in my LLCs) and personal financial statements. One things we are a bit confused on is how to show the assets...
I flip vacant land properties and by all means I am classified as a "real estate dealer". I notice in IRS Publication 537 that real estate dealers are forbidden from using the installment method and must realize all ...
Hi everyone,
I've been marketing for about 4 months now using various methods. I've been working one list in the same location (for now, I plan to expand). In January I sent out direct mailers, then in February I fol...
The lender is escrowing for insurance. I talked to my own insurance agent, and he told me that even if I add myself as an additional insured I still wouldn't have liability coverage.
I have the property in my pers...
Hi, I am in the middle of reading the BRRRR book, and it is great. I did have some concerns. I went to my father who is the president of a community bank and presented him with the theory. He told me under very few...
Hi , I’m completely a new beginner in this real estate game and just tryna put my foot out the door.I’m creating a plan of what I want to achieve, I have a idea of what I want to do ,house hacking, but I guess I’m hav...
This is both to share what I have found so far, and ask for additional ideas/feedback. Basically trying to figure out the best way to have two completely separate internet networks on a property including the wired e...
I think I've only seen the BRRRR method explain in conjunction with SFHs. Does that mean multifamily homes don't increase in value after rehab, in comparison to SFHs? Does that mean the only way to do it is to find mu...
I'm new to real estate I'm 19 single child, I'm highly motivated to learn about the process of wholesale/flipping houses! I want to know the actual process! How to do it, step by step by step! I'm a very detailed pers...