Account Closed
ADVICE FOR MULTI FAMILY
Hello! We are trying to get our first deal and looking into multi family homes. What are some things we should look for and ask before putting an offer in? Is there anything different from single family homes to consi...
Julio Gonzalez
What is Considered a Quality Cost Segregation Study?
As most of you know, as part of the IRA, the IRS was allocated significant funds to hire new employees. With that comes an increased audit risk. One of the things that IRS auditors look for when auditing a cost segreg...
Laura Van Lenten
Cost segregation self survey instead of full study?
My accountant told me there are two ways to get a cost segregation study, one being the expensive route where an engineer comes onsite and does it. He said there is another, cheaper option where I basically fill in a ...
Monty Berrow
Due Diligence on a 12 unit in Florida
Hey guys,I am currently in the process of purchasing a 12 unit property (8 studio, 4 one bed one bath). I will have 14 days to conduct due diligence which means I need my team ready prior to then. What can I expect to...
Jeremy Porter
Mastering Rental Property Finances: A Property Manager's Guide to Expense Tracking
Effective financial management is absolutely crucial for achieving success in the competitive and dynamic rental property business. Property managers hold a key position in the process, as they are responsible for ens...
Julio Salado
New Agent- Home Office Basics? Julio - Boston
Good day,
After having my RE license for almost a year I'm finally going to use it.
Just got hired with a local broker & I am in the process of setting up a home office.
Based on your experience are there any h...
Darrell D.
Tax Question for Cash Purchase
Hello Everyone. I paid cash for a BRRR property in 2016. From the first day I purchased it, it was identified as a rental. We completed the work in 2017 without receiving any rental income in 2016. Can the purchas...
Carey Ransone
High heating bills for steam heat building using natural gas
Hello everyone!I have been living in an older home (100+ years) for about 2 years. The house is on radiator heat. We bought a new steam boiler during the winter of 2021. I've been told that boilers are an efficient he...
Julio Gonzalez
Car Washes and Their Unique Cost Segregation Study Benefits
Cost Segregation is a bit of a buzz word these days, but in case you aren’t familiar with what a cost segregation study is, let me explain. A cost segregation study is a strategic tax planning tool that separates the ...
Matt N.
Home Office Deduction
Hi all!I had a pointed question related to the home office deduction. I am a real estate agent (licensed in May), an attorney with a full-time job separate from my real estate business, and an investor with several pr...