Appliances like refrigerators typically qualify for this deduction, so you might be able to fully deduct the cost of the new refrigerator in the year of purchase, provided it falls within this limit.

I anticipate that late fall and early winter could present some good opportunities for those looking to pick up short-term rentals (STRs).One thing to keep in mind, as with most markets right now, is that return on investment (ROI) isn’t going to be sky-high.

I have been the victim of many investors trying to explain to me the numbers they have to be at to make a deal work. 

Until you have a bigger team, most things will fall on you to solve (even if you hire someone, it still takes logistics on your part).  

Hello Experts,Background: we are working on a 8 unit deal (2 parcels x 4 units on each building) - we thought this would fall into residential loan and we almost completed the paperwork, but the lender came back stating they cannot proceed forward because the zoning is classified as commercial. lender is asking us to work with listing agent/owners get it re-zoned as residential. 

You are providing the seller a convenience1) The deal will not fall through because of financing contingency2) You can close faster than those neeeding financingIn exchange, the seller gives you a reduced price.

If you don't fall under that category you are really playing with fire. 

At the same time, housing operators are havingto repair damaged units while insurance costs spiral ever higher.Thebottom line: Revenues are falling while expenses are rising.Thereare no quick remedies.

Also, keep in mind once the rates start falling this fall, in my opinion there is going to be a short lived surge in purchases from pent up demand that people were waiting for.Hope this helps.Also, if you are looking to keep more of your RE Commission DM me, I'm a Licensed Broker in Texas as well.

Also, if you have a slip and fall and decide to sue your LLC, you have added liability protection.