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16 October 2024 | 5 replies
Let’s share our experiences and insights to help each other create a smoother path to a secure and fulfilling retirement!
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15 October 2024 | 3 replies
Trying to fulfill those dreams starting to come true in my 30's.
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15 October 2024 | 0 replies
Here’s an example of bonus depreciation.Here are some of the current trends that are highlighting the importance of a cost segregation study.Contract Logistics Expansion: Experiencing growth in contract logistic divisions leading to outsourced warehousing and distribution activities.Warehouse Technology Advancements: Integration of AI, robotics and IoT allows for operational efficiencies including reduced labor costs and improved safety.Warehouse Automation Growth: Significant growth signals a need for efficiencies and the adoption of new technology.Warehouse Space Expansion: There are ongoing developments in the warehouse space to help support the growing demand for infrastructure and warehouse space.Robotics and AI investments: There is a demand for faster throughput and immediate fulfillment which is causing investors to invest more into AI and robotics.Cost segregation becomes an even more critical tax strategy as there is an increase in investments in automation and technology as it frees up cash by creating additional tax savings.Some of the financial benefits that a warehouse investor can expect from a cost segregation study include:An increase in cash flow for automationImmediate tax savingsEnhanced warehouse property valueImproved warehouse ROI by reducing tax liabilities and increasing cash flow.There are many items that can be reclassified for accelerated depreciation through the use of a cost segregation study.
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18 October 2024 | 37 replies
my concern is your mention going to a feeder event.. the 3 day work shop then you have to pay the big dollars this is exactly what the gurus who are backed by fulfillment companies do.
11 October 2024 | 1 reply
A positive answer reinforces their suitability as a renter.Tips for Conducting Effective Reference Checks Effective reference checks help you select reliable tenants who will respect your property and fulfill their financial obligations.
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8 October 2024 | 4 replies
W-2, 1099, etc.) with passive income/loss from my rentals (STR, LTR).AnswerThere are a few ways, but the most common for real estate investors is to own a rental that 1.) meets the IRS requirements to be considered an STR and 2.) fulfill the material participation requirements (this doesn't require Real Estate Professional Status or REPS).
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11 October 2024 | 30 replies
The defeatist attitude is self fulfilling.
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7 October 2024 | 1 reply
The year I flipped homes was some of the most challenging, fulfilling, and genuinely fun time I have had working in my career so far.
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9 October 2024 | 14 replies
As far as I’m aware, Praxis is the only one on that list fulfilling that criteria.
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8 October 2024 | 22 replies
Both parties need to fulfill the terms of the contract.