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24 May 2024 | 12 replies
This is easy to see in earnings reports for credit card companies (that continue to blow out earnings, with travel as their lead category), hotel companies, and Airbnb itself.I think a lot of it is just going overseas now as international travel continues to strengthen.
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23 May 2024 | 11 replies
And a bonus tip, get black out shades and mention them prominently.
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22 May 2024 | 31 replies
You could pursue a syndication with bonus depreciation to offset the gains.
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23 May 2024 | 7 replies
Once you depreciate a property one way, I don't think you can make changes once the ball is rolling ... especially if you cost seg and bonus depreciate.
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23 May 2024 | 9 replies
You are about 3-5 years early for this question.Unless you already have some other serious reasons to start with asset protection, maybe you are filthy rich, or have partners, in which case free advice from a public forum might not be the best for you (and asking about Zen business for LLC creation tells me it’s not the case).Another 2¢ bonus for you: - LLC as asset-holding entities are pass-through disregarded entities, with little to none tax benefits.
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21 May 2024 | 1 reply
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22 May 2024 | 5 replies
So for example, a 761 credit score will be in the 760-779 credit category, then going down to 740-759 and so on.2.
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21 May 2024 | 19 replies
Many agents are lazy and do not take the time to add photos that illustrate unique characteristics, incorrectly add the unit numbers, bedroom count, or fail to verify the square footage that could be greater than the public records the MLS autopopulates. 4, Many MLS properties are listed under the incorrect categories (multi-family under the residential section, multi-family under commercial etc.).
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21 May 2024 | 8 replies
Depending on the asset purchased, it will depend on the time that it was purchased.Real estate is placed into service via the mid-month convention.Therefore, if you buy a property in August 1, it is assumed to be placed into service on August 15th which gives you 4.5 months of depreciation.If you buy a property in January, you have 11.5 months of depreciation.However, if the asset you purchase is eligible for bonus depreciation, most of the depreciation would be taken in this year.Best of luck.
21 May 2024 | 5 replies
In the "Manufactured" category, I see properties in Florida with very low prices and high monthly rent.