All Forum Posts by: Sathiya Gane

@Ross Alcorn We've performed cost segregation studies on properties with a purchase price as low as $150,000, so you definitely don't need a $1M price tag for a cost seg study to make sense. Since you're planning to hold them for more than two years, a cost seg study is definitely something you have the potential to benefit from. The 2019 LTR property should qualify for 100% bonus depreciation and then the one that you are house hacking, the entire home wouldn't qualify for a cost seg study since you're living in a portion of it, but the rented portion is eligible. Most cost seg study companies will provide you with a free cost/benefit analysis quote to get a better understanding as to if you will benefit from the study or not.

@Alexandra Wenzel add parking and storage

Hello Tony,

I am sorry that you are not satisfied with the services you received, or the $69,000 in 0% interest business credit we, Fund and Grow, obtained for you. When we spoke on the phone, I remember you telling me that you were not able to use the funding for real estate because you told the buyer you were purchasing the property with a credit card. You also told me that you have used the credit in other ways. When reviewing your file again, I see that you signed up with us on 3/29/19, and then called in on 4/9/19, saying that the name you provided was no longer your name and you did a legal name change. All the documents that were submitted to us had your previous name on them, including your credit reports. As I explained on the phone, we would need the proper identification from you in order to change the name on your EIN document from the IRS and the name on your business credit accounts. You told us at that time that everything was fine and you understood the issue. Your account manager made it very clear that he would be able to change the names on the accounts if you would submit the proper documentation as stated above. Included in our membership, is the creation of an LLC, free of charge. All you would be responsible for is the state filing fees. We recommend to all our clients that they do not use a brand-new business entity to obtain funding due to the length of time the business has been established. We have had hundreds of clients express how they were able to use the funding we obtained on their behalf to purchase real estate. Also, during the sign up process and through the membership, it is made clear that we will provide you with the tools to remove any inquiry that results in business funding, OR you can work with our affiliate and have the professional credit repair team do it for you, which is an extra charge. As far as the new LLC you created, the banks you called are 100% correct when they told you that you cannot change the EIN under an existing business account. Therefore, we told you to send us your new identification documents so we can change everything for you, which you declined. I see that you applied for new business credit under your new LLC, as you mentioned above, however, you said you cannot use business credit to accomplish what you want with the business credit we obtained for you. I hope the new credit cards work out better than the ones we obtained you. As far as your reasons for refunding, we told you we would correct your name, you declined. We told you how to go about using Plastiq to purchase real estate and you did not listen to our recommendations. We explained to you that the funds would be set up under a sole proprietorship, which you agreed to. We gave you the option to work with our credit repair affiliate and gave you the tools to remove the inquiries. I am not sure what you did on your own, but we were the ones who obtained the credit for you and gave you all the tools needed to build on it. The refund policy is simple, "When a client receives service, in the form of credit gained or utilizing complimentary services, services will be considered rendered. If a client does not receive service as stated above, client can request refund and enroll again at a later time."

We are more than willing to help you and continue your membership with Fund and Grow.