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All Forum Posts by: J Zev J.

J Zev J. has started 4 posts and replied 404 times.

Post: Helping selling a Multi-family property, where to?

J Zev J.Posted
  • CPA
  • Colorado Springs, CO
  • Posts 413
  • Votes 258

@Anthony T. - Your dad could list with a national commercial brokerage which might get more exposure and therefore bring in more offers. 

Post: Tax Professional / CPA around West Palm Beach, FL

J Zev J.Posted
  • CPA
  • Colorado Springs, CO
  • Posts 413
  • Votes 258

@Nathan Prehn - There are lots of CPAs that are active on BP that can help you understand your tax situation and offer advice. If you’re open to working with them remotely, you can reach out to them to see if they’re a good fit. Most of them serve clients in all 50 states.

Post: Funding a Mobile Home Park

J Zev J.Posted
  • CPA
  • Colorado Springs, CO
  • Posts 413
  • Votes 258

@Ethan Wilson - you could bring in some equity partners. There are some securities laws that go into that but if you bring in equity partners that will be active with you then that might be the easiest - just verify with an attorney first. 

Post: Advice for generating income thru home equity

J Zev J.Posted
  • CPA
  • Colorado Springs, CO
  • Posts 413
  • Votes 258

@Tony C. - It would be best if you analyzed refinancing some of the equity out, selling and reinvesting, or staying put. Running different scenarios and the projected returns with an eye towards an important metric, "return on equity" could help you make a decision on which strategy to pursue. An excellent thread to review is https://www.biggerpockets.com/...

Post: Real Estate Attorney

J Zev J.Posted
  • CPA
  • Colorado Springs, CO
  • Posts 413
  • Votes 258

@Umi Nguyen - I know a good one in OKC. Feel free to dm me for details. 

Post: Looking for a CPA for real estate investing

J Zev J.Posted
  • CPA
  • Colorado Springs, CO
  • Posts 413
  • Votes 258

@Jay Oca - That happens to be a common request on BP. Most of the CPAs on BiggerPockets specialize in real estate. You can reach out to them and explain your personal investment and tax situation to see if they’re a good fit. Most of them serve clients in all 50 states.

Post: What's the worst that can happen if I pull out of this deal??

J Zev J.Posted
  • CPA
  • Colorado Springs, CO
  • Posts 413
  • Votes 258

@Archer Stone - Maybe offer $5K (let them keep the earnest money) and in addition offer to pay damages to see if they'll accept that to walk away. The sellers definitely have been financially damaged by fixing things, time spent, loss of other buyers while locked up, etc. Try to make them whole and maybe they'll accept. 

Post: Looking for a CPA in Texas

J Zev J.Posted
  • CPA
  • Colorado Springs, CO
  • Posts 413
  • Votes 258

@Mario Martinez - That happens to be a common request on BP. Most of the tax professionals on BiggerPockets specialize in real estate and serve all 50 states. You can reach out to them and explain your investment/tax situation to see if they’re a good fit.

Post: Cost Segregation Reports for Real Estate Investors

J Zev J.Posted
  • CPA
  • Colorado Springs, CO
  • Posts 413
  • Votes 258

@John Hicks - You might be referring to this https://www.kbkg.com/residenti...   - I have no affiliation with them and can't guarantee their reports.  

Post: I am looking for an advise

J Zev J.Posted
  • CPA
  • Colorado Springs, CO
  • Posts 413
  • Votes 258

@Nicoló Tossici - Try reaching out to a mortgage broker in the area you're investing in. They specialize in finding lenders for you. You can also reach out to local banks.