Why leave all that profit on the table?

thanks for that great info Kurt Heise its great you have a deal on the table, from what ive gathered that is the hard part

What I'm reading between the lines tells me that you are either going to leave money on the table or improperly account for some things that could mean a substantial underpayment of taxes.

But since you have to bring the $13k to the table as you have probably figured out already it will take you 45 months to get your $13k back.

One years actuals on one property may differ radically, just like one roll at the roulette table differs radically from the long term results.

Most holdover provisions that I've seen run from 25% to 100%.Before everyone gets in a tither; the reason for such high holdovers is to get the tenant to the table rather than stay as a m-t-m tenant.

That gives you an estimated marketing investment of $800 to bring that deal to the table.

I figured that I may as well just live with this issue, as it would only likely skew the numbers by a little bit.On the other hand, I don't want to leave an opportunity on the table to get accurate results, if I can get around this issue.Before I decide to just live with this, I thought I'd run it by you guys to see what you thought.

Little do they know he gave me a miter saw, table saw and Kreg jig for Christmas last year (and I found all my other tools for steals on CL)!

He is asking me for suggestions since I have told him he is leaving money on the table.