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30 August 2024 | 9 replies
We have also found our that the sellers lied on their disclosure of what they knew about the hail damage to roof.
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30 August 2024 | 1 reply
Additionally, inquire about any upcoming assessments for major repairs, such as siding replacements or roof work, as these can significantly impact your finances.The selling agent should provide some of this information, but it’s a good idea to verify it independently.
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6 September 2024 | 79 replies
Some will indicate risk margins - even though flips like the ones in your area aren't impossible, on your proposition the risk factor would be through the roof.
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25 August 2024 | 3 replies
Does anyone have a reputable roofing contractor to recommend in Tampa?
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25 August 2024 | 8 replies
The full roof was replaced in 2020.
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1 September 2024 | 79 replies
Even though HML rates are steep, when you do the math they are almost always cheaper than a 50/50 split.
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30 August 2024 | 25 replies
A few weeks in we noticed a steep drop from bookings on Airbnb.
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25 August 2024 | 5 replies
I had a roof leak a few weeks back at my property.
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29 August 2024 | 2 replies
After the cost segregation study was performed, this was the new asset allocation breakdown by useful life.Here are some examples of what types of assets are included in each of these asset classes.5 Year Useful LifeSpecialized equipmentCabinets and countersRefrigerators and microwavesSecurity alarm systems and telephone connectionsDecorative wall treatments, ceiling fans and flooring15 Year Useful LifeSidewalks, landscaping and asphalt pavingSignage and site lighting39 Year Useful LifeDoors, walls, roofing and windowsFlooring, drywall partitions and ceilingsEmergency lighting and restroom fixturesPlumbing, HVAC, and electrical distributionThe use of the accelerated depreciation strategy helps real estate investors to reduce the tax liability immediately which therefore increases their bottom line due to the offsetting of income.