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22 May 2024 | 14 replies
Don't accept animals that put you in financial peril.It's very interesting that emotional support animals are typically owned by lower-income renters, and a large percentage of them are dangerous breeds.
21 May 2024 | 8 replies
Since the primary was purchased before 9/27/2017 and was placed in service after 2020, it is not eligible for bonus depreciation.(8)Phase DownIn the case of qualifed property acquired by the taxpayer before September 28, 2017, and placed in service by the taxpayer after September 27, 2017, paragraph (6) shall be applied by substituting for each percentage therein—(A)“50 percent” in the case of—(i)property placed in service before January 1, 2018, and(ii)property described in subparagraph (B) or (C) of paragraph (2) which is placed in service in 2018,(B)“40 percent” in the case of—(i)property placed in service in 2018 (other than property described in subparagraph (B) or (C) of paragraph (2)), and(ii)property described in subparagraph (B) or (C) of paragraph (2) which is placed in service in 2019,(C)“30 percent” in the case of—(i)property placed in service in 2019 (other than property described in subparagraph (B) or (C) of paragraph (2)), and(ii)property described in subparagraph (B) or (C) of paragraph (2) which is placed in service in 2020, and(D)“0 percent” in the case of—(i)property placed in service after 2019 (other than property described in subparagraph (B) or (C) of paragraph (2)), and(ii)property described in subparagraph (B) or (C) of paragraph (2) which is placed in service after 2020.
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22 May 2024 | 13 replies
Our personal house in a really nice neighborhood has actually appreciated less on a percentage basis than some of our cheaper rental properties in the same amount of time.
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22 May 2024 | 30 replies
Flat fee or small percentage on top of all materials / fee is typical here.
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21 May 2024 | 8 replies
A percentage of these will end up in court when1.
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22 May 2024 | 19 replies
Some places mark up repairs by adding a percentage.
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23 May 2024 | 43 replies
Same thing might happen with the vacancy if you have 2 months for lower end instead of 1 month for better area.I would use higher percentage for repairs and vacancy in lower end area when you compare CF for the 2 properties.Even in higher end area this year I had 2 evictions and one of them with 6 month vacancy and over 12k in damages, bad things can happen in both areas, the important thing is to keep cash reserves so you can get over unexpected expenses.
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22 May 2024 | 77 replies
Here is how it appears on the app:Mortgage Information ^Equity percent:48%Mortgage amount: Mortgage term:$93,000 0 yearLender name:First Horizon Hm LnAssessed value:$178,800Almost all equity percentages are ESTIMATES only.
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21 May 2024 | 48 replies
A very high percentage of my tenants (in fact, almost all of them) were single mothers.
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22 May 2024 | 31 replies
In a similar fashion, if you can imagine how much landscaping and underground infrastructure is in a golf course as compared to the clubhouse, that will give an indication of why an extremely high percentage of the property's value is allocated to the land improvements.