Elaine Chen
Tax Q: How to file when parent holding LLC is in different state
Hi, newbie here! My partners and I formed a parent company in WY and a subsidiary llc in Ohio to purchase a real estate investment property (where we purchased property in 2021). All we had in 2020 tax yr was fees to ...
Michael P.
Average Cost Segregation Percentage Depreciation?
For those of you who have conducted a Cost Segregation Study, what percentage did it allow you to depreciate?Please also state what type of property you have.For example, Single Family, Duplex, Townhouse, etc. I'm tr...
Ladd Krestan
Hard money lender numbers vs mine
Hi all, posted this question on the diy page and got nothin. Question is does anyone have experience in running rehab numbers to the hard money or private lenders that have had discrepancies? Im doing my own rehab all...
Daniel Kevin Lara
DIY REHAB ARV vs PROFESSIONAL REHAB ARV
Now i dont know if the title even makes sense but let me break it down some.
so is there a difference in the ARV when refinancing when you DIY your rehab vs when you hire out contractors who specialize in this field?...
Benjamin Aaker
What is the value of DIY?
My wife and I are finished fixing up our first flip. We calculated our repair cost and there was about $19,000 worth of work done by contractors. We spent another $8,000 on materials for DIY such as flooring, paint, ...
Allen Lopez
Tub refin shiny kits? Opinions
Has anyone ever used a tub refinishing kit for a tub before that they would recommend?
Lowry Coe
[newbie] First BRRRR in three person LLC - tax question
Hello,I'm in the process of my first BRRRR with two business partners. We are a three-person LLC and purchased the property in early December. I would like to know what considerations, tax docs, etc. I need to get all...
Patrick Britton
Smartest (and dumbest) areas to DIY
Hi,Looking at a fixer upper needing everything (let's assume), what areas could be best done by the owner? My personal opinion is that a lot of the demo could be done by the homeowner, as well as anything else that's...
Steven Westlake
How many are DIYers? Please answer either way, yes or no
Mostly because I’m nosey, please reply yes if you’re a DIYer, no if you sub out all work, or some other hands off investor method. Along with details if you wish. Fyi, I’m definitely hands on, even built from ground ...
Keenan Fitzpatrick
DIY home repairs vs. hiring unreliable contractors: which is the lesser of two evils?
There is tremendous value in DIY upgrades. The majority of the expense on projects is labor, not materials. And good contractors are battling a shortage of labor and skilled labor. But you need to be honest with yours...