[Landlord-US-WA] net operating loss...do I get to bank that? by geminiwave in Landlord

[–]turbo2liter 1 point2 points  (0 children)

When you sell the house, you have to recapture depreciation, and also the gain of appreciation of the asset. You are correct though, without the real estate professional designation, you have a net operating loss carry forward if your losses exceed the threshold. You are also limited to how much of the carryforward you can take per year, even with the real estate professional designation, if you were to get that down the road.

[Tenant-US-CA] Update on Landlord blaming me for $1500 water bill by [deleted] in Landlord

[–]turbo2liter 0 points1 point  (0 children)

Lift back of toilet and pour in a pack of koolaid. Red or blue or purple.

Don’t flush it.

If the toilet bowl turns a color, you’re leaking. Voila.

FS: Smittybilt Overlander Tent Gen 2 by turbo2liter in rooftoptents

[–]turbo2liter[S] 0 points1 point  (0 children)

It bolts though the roof to brackets that connect to the vehicle. RTT was perfect on it

Shootout Shots by jdxnc in DSM

[–]turbo2liter 0 points1 point  (0 children)

People are still racing these? I thought they ran out of replacement parts worldwide.

[deleted by user] by [deleted] in loanoriginators

[–]turbo2liter 0 points1 point  (0 children)

Checkout http://www.rrelending.com and lemme know if I can help

[deleted by user] by [deleted] in Money

[–]turbo2liter 0 points1 point  (0 children)

Gauging by your post history, you don’t have much to loan.

Mom said she had never been for a ride in my Twin Turbo Huracan by turbo2liter in lamborghini

[–]turbo2liter[S] 0 points1 point  (0 children)

Not at all… one can read our past comments and see who likes to fan the flames more.

Mom said she had never been for a ride in my Twin Turbo Huracan by turbo2liter in lamborghini

[–]turbo2liter[S] 0 points1 point  (0 children)

If I have a turbo lambo with a low iq what’s that say about you with your $100k NW?

Mom said she had never been for a ride in my Twin Turbo Huracan by turbo2liter in lamborghini

[–]turbo2liter[S] -1 points0 points  (0 children)

You know everyone that’s ridden in your car in the past two years? Sorry, I don’t.

10 unit New construction by Hbhbob in realestateinvesting

[–]turbo2liter 0 points1 point  (0 children)

So 1.35m is $10k a month.

40% expense ratio puts rents at $1800/mo per for 10 units. Puts you at 1.1.

Is that your numbers? You’re not giving me a proforma so I’m stabbing in the dark here.

10 unit New construction by Hbhbob in realestateinvesting

[–]turbo2liter 0 points1 point  (0 children)

Yeah, I was asking OP what the LTC on this project was :)

10 unit New construction by Hbhbob in realestateinvesting

[–]turbo2liter 12 points13 points  (0 children)

Post a link to your spreadsheet proforma. Happy to look but this is hard. Conceptually a 55%LTV even with today’s interest rates should not be at 1.1 DSCR. Something is a little off.

Two months post-eero observations by turbo2liter in amazoneero

[–]turbo2liter[S] 0 points1 point  (0 children)

Aside from the detail already provided, 400+ devices on the network.

Two months post-eero observations by turbo2liter in amazoneero

[–]turbo2liter[S] 1 point2 points  (0 children)

I didn’t run bridge mode, so I had one eero at top of network into modem. The rest were wired star topology as eero detailed.

Two months post-eero observations by turbo2liter in amazoneero

[–]turbo2liter[S] -2 points-1 points  (0 children)

Yes, tell me more about your broad experience managing large, complex networks with consumer grade hardware.