Luis

[Luis @runnernyc1]

@gas_biz @royceard Reading it seems a worse offer. They want you to donate the land. You might or might not get a charitable tax deduction depending on your other income situation. But the buyer would be getting the land for free! Shows questionable intentions from buyer.

[Luis @runnernyc1]

@_specofdirt Just saw an answer to a similar question in one of the other replies.

[Luis @runnernyc1]

@_specofdirt Why would it take 6 months to issue a cease and desist letter? Waiting until the developer had already built something? Didn’t they notice the construction before then?

[Luis @runnernyc1]

@TripleNetTyler Is this tight spread due to primary markets being undervalued or tertiary markets being overvalued?

[Luis @runnernyc1]

@Matthew_Garasic I agree but find ROTH IRA acceptable if it is in the context of titles with all caps.

[Luis @runnernyc1]

@gunsnrosesgirl3 “Not that there is anything wrong with that”

[Luis @runnernyc1]

@spencertbarber What would you have done differently if you had noticed the encroachment issue before closing? Would you had been able to renegotiate price with the seller to compensate for area lost or to back out of deal?

[Luis @runnernyc1]

@richfalkwallace This a a fabulous explanation. I’d appreciate getting a copy of the sheet. Thanks!

[Luis @runnernyc1]

@RealEstateRahul Interesting. Thanks for the answer!

[Luis @runnernyc1]

@LearningToan Thanks for sharing. Interesting. I agree with the logical answer shown for puzzle #1 but I’d have figured an alternative answer. Figure 1 = 4:00; Figure 2 = Figure 1 minus 40 min = 3:20; Figure 3 = Figure 2 minus 40 min = 2:40; therefore Figure 4 = Figure 3 minus 40 min = 2:00.

[Luis @runnernyc1]

@SMB_Attorney It is such an important point you make. This confirms not to trust the company’s books and verify all details. If proper accounting were followed, the deferred revenue would be shown as a liability and only recognized as revenue in income statement when services are provided.

[Luis @runnernyc1]

@KrissBergTweets Great info. Do you structure the deals as an asset purchase so you can deduct bonus depreciation on the stepped up tax basis? I guess it’d be harder or not possible to do bonus depreciation if you buy the company outright, is that so?

[Luis @runnernyc1]

@StIroningShirts Great, thanks for the explanation.

[Luis @runnernyc1]

@timbbbbbbbbbb Great, I see, thanks for the explanation.

[Luis @runnernyc1]

@StIroningShirts @StudentRentPro This is a clever approach. I am curious, how do you get up to $105k in dividends from C corp tax free?

[Luis @runnernyc1]

@creromans Security deposit (3 months rent) plus additional deposit equivalent to deal costs collected gradually from profit or revenue. With $260k in net profit could collect monthly 50% of profit 260/12 x 0.50 = 10.8k; or 10% of gross revenue = $10k; or fixed $10k. Released at some point.

[Luis @runnernyc1]

@CaseyMericle Thanks for the explanation.

[Luis @runnernyc1]

@CaseyMericle What do you mean by securing your ROFR option with a 2nd mortgage? Do you mean providing some Seller Financing to the Buyer secured with a 2nd lien on the property?

[Luis @runnernyc1]

@volodarik 2% open rate.