Catherine Parenteau
Renting Non-Conforming apt through Section 8 - good idea?
16 January 2025 | 2 replies
If a piece of residential real estate is compliant non-conforming you should be able to use it like any residential real estate.
Cosmo DePinto
Has anyone used Anderson Advisors?
27 January 2025 | 10 replies
Two are for businesses, one for commercial property, one for residential property.
Fumi Maher
Seeking advice for aouse hacking strategy in Austin
29 January 2025 | 9 replies
Because you are able to work remote, enhances the need for flexibility as I can easily see a time where you want to move someplace else because you can.
Melanie Baldridge
What is MACRS classification?
10 January 2025 | 0 replies
When it comes to real estate, here's a general list of eligible assets and their depreciable lifespans that you should know: Residential Rental Property = 27.5 yearsThis includes any building or structure where 80% or more of its gross rental income is from residential units.That means:- Apartment buildings- Single-family rental homes- Duplexes, triplexes, and quadplexes- Mobile homes (used for residential rental)- Any kind of residential lodging facility where the primary purpose is long-term rentalCommercial Property = 39 yearsThis includes non-residential properties like:-Office buildings-Retail stores and shopping centers-Warehouses-Industrial complexes-Hotels and motels that do not qualify as residential rental propertyLand Improvements = 15 yearsThese include sidewalks, roads, fencing, some landscaping, and parking lots that are separate from the building.Personal Property = 5 or 7 yearsPersonal property used in a rental activity usually has a 5 or 7-year life.This includes most furniture, appliances, carpeting and various machinery.Qualified Improvement Property (QIP) = 15 yearsGenerally, this includes any improvements made to the interior of a non-residential building after the building was placed in service, excluding elevators, enlargements, and the internal structural framework.Computers and Related Peripheral Equipment = 5 yearsVehicles = 5 yearsNote that the land itself is not depreciable.
William Silva
Multi family (2-4) units. Getting started
30 January 2025 | 7 replies
Try to find something that is surrounded by residential homes if you can.
Ify (Bobby) Anizoba
Starting 2025 Strong
28 January 2025 | 3 replies
My focus is on affordable housing, especially mixed-use projects that serve both residential and community needs.
Evan Grant
Learning to raise private money, wholesale, flip and hold ... here to vet and learn!
14 January 2025 | 1 reply
I am a twenty year plus licenses GC who has built over 100,000,000. in commercial and residential construction in the NY, NJ, PA, CT and CA marketplaces.
Daniel Amsalem
Please help keep northern VA STR-friendly
17 January 2025 | 10 replies
Hi @Nicholas L. and @Chris Seveney a few weeks after my post, they did a part 2 for the survey and 2 days ago, the Zoning Dept. emailed out an update for the proposed policies.Here's their message:"We want to keep you informed and share a preview of the proposed Short-Term Residential Rental Ordinance regulations and express our gratitude for your invaluable feedback and participation in Phase I and Phase II of the Alexandria Short-Term Residential Rental Study.
Andy Jimenez
New Investor looking forward to network
26 January 2025 | 2 replies
When the whole covid shutdown occurred, I dropped out of college to help my father's service business maintaining and remodeling residential and commercial buildings.
Keetaek Hong
Where (cities) & what (asset types) in Dallas/Houston to invest for maximum apprec!
30 January 2025 | 3 replies
If there are non-residential (e.g. retail, etc) we would love to learn