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9 February 2025 | 8 replies
I'll be happy to refer your partner whenever there's a client ready to start a project.
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24 February 2025 | 14 replies
Avoiding problematic tenants from the start is the best way to prevent problems like non-payment, eviction, and property damage.
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12 February 2025 | 0 replies
After reading Rich dad poor dad when I was 16 and began reading more of his books it was clear that a duplex was the way to jump start my career as an investor and more superior than a single family when it came to cashflow.
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11 February 2025 | 1 reply
Assets identified in this study include:Standard windows and doorsInterior ceilings and wallsBasic plumbing and electrical systemsBuilding structural elements and roofingBasic HVAC componentsWater heatersFire protectionThis engineering-based cost segregation study included the following methodology:Physical Inspection through a site visitDocumentation review including architectural plans, accounting records and construction documentsA cost analysis which utilizes engineering principles in order to allocate costs to their applicable asset classificationsCalculation of the depreciation schedule using MACRSAs a reminder, bonus depreciation started to phase out in 2023.
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5 January 2025 | 17 replies
The Hilltop Mall (standard shopping mall, Macys, JC Penny, escalators, if you were alive in the 90s you know), in Richmond CA was purchased in 2021, but the buyers aren't doing any of our brilliant peanut gallery suggestions.
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5 February 2025 | 54 replies
Congrats on getting started!
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4 February 2025 | 2 replies
Also, I'm not sure how you're paying attention to it on the tax side, but the unit that you are living in's profit at sale is calculated differently than the other unit that you're renting out.Once you move out, that unit is officially available for rent so from that point forward, any profit gained at future sale will be calculated starting from that point and will be taxable.
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5 February 2025 | 5 replies
Rents started to come down and I had to leave a lot more money in projects that I was in the middle of.
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9 February 2025 | 3 replies
I'm brand new, just getting started, so trying to get everything in order.
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10 February 2025 | 24 replies
I am starting to get Lynn section 8 folks calling, but I have not gone through the process with them to know how they are with rental amounts.Yes, the ones with sec8 are in Haverhill.