Chris Martin
Rental revenue recognition at end of year...
This IRS topic defines rental income in this way: "Generally, cash or the fair market value of property you receive for the use of real estate or personal property is taxable to you as rental income." The question is ...
Diego Santiago
Brrrr calculator analysis
Hi guys I’m a rookie at this and I have spoken to an agent before I make an offer tomorrow I want to cross my T’s and dot my i’s.. in the brrrr calculator I have a favorable report, however I want to make sure I’m inp...
Dustin DuFault
Deal Structure Advice When You Have Multiple Investors Lending On One Property
Good afternoon BP!I have two investors (one family, one friend) who would like to fund a flip I have under contract via notes @ 10% interest.What is the best way to structure these deals when you have multiple investo...
Samuel S.
Does satisfying “Reg D exemptions” eliminate the need for a PPM?
Hey BP folks,
I know there is a TON of info on here regarding syndications, and it has all been invaluable advice.
That said, and as the title suggests, I am still trying to figure out if a PPM is needed if the fun...
Joe Ramirez
Research Resources for a Chicago investor
Hi all,I've been a member for a while now, but this is my first post to the forums. Lots of great information here and it's great to hear stories about how others approach real estate investing.I currently hold 1 pro...
Mayer M.
Budget vs. actual QBO
Hi Guys,Looking for good ways to keep on top of budget vs. actual when it comes to rehab projects. Would be very useful to look at while at various stages of a rehab as well as end of year comparisons.Any recommendati...
Julio Gonzalez
Example: Cost Segregation Study for Car Wash Facility
If a Cost Segregation Study had not been performed on this $4.4M car wash facility located in Marble Falls, Texas, it would have had first year depreciation of approximately $293,200. Thanks to the Cost Segregatio...
Account Closed
5-Unit Deal Analysis
I'm looking at a 5-Unit Multi and looking for some input.
The units consist of:
4 1bd/1bth - local rents around $550
1 2bd/1bth - local rents around $750
Annual Taxes are $2,900
The un...
Nick West
Tax Leins
I would like to know if anyone knows of any tax lein sites that list the characteristics about the different states. I am looking for states where I can get the 15%+ interest rate. I would like to start investing some...
Brandan Roland
Calculating My Potential Profits
Hi Everyone, I am a brand new 25 year old investor and I just purchased my first property on last Monday to flip. We began working on last Friday. Although I am extremely excited I am also extremely nervous. I've use...