@Matthew Platon - I think there are a lot of unforeseen factors that could affect my decision.

The growth is mostly in the surrounding suburbs, but we also have a chronic housing shortage both for sale and for rent.

Examples of qualified improvement property include improvements made to the interior of nonresidential real property, such as HVAC systems or alarm and security systems.We refrain from making direct recommendations on Section 179 because we believe this decision is best made by the CPA, who completely understands the client’s overall tax situation.The decision to elect Section 179 is deeply tied to broader tax implications, including other deductions, income limitations, and future business planning.Your CPA has a holistic view of your finances and can help you make the right choice.TLDR:* Section 179 is a powerful tool for business owners and real estate investors, allowing immediate expensing of qualifying assets in the year they are placed in service.* Annual limits apply to how much can be expensed, with the 2024 cap set at $1,220,000, and investment limits that start to phase out when more than $3,050,000 of property is placed in service.* Not all property qualifies for Section 179.

Hi BP of Boston,When you consider rent increase, what factors do you base your decision on ?

I do have a lot of people who have started asking questions so I figured I would give the good and the bad from my experience over the last two years so others can make their own decision.

@Tyler BaileyTough decision.

That protects us personally from liability because we are not personally making any decisions.  

Education is important, but I think the decision of how to invest money needs to hinge on how much capital you're likely to have to deploy to various activities and how much time you intend to invest actively managing deals versus selling your time into other productive endeavors. 

Sometimes, though, it can feel a bit frustrating when you see people in your own network making decisions that, well, could be a little more strategic.

It sounds like you’re building a strong foundation to not only find promising deals but also make confident, informed decisions along the way.We’re thrilled to have you as part of the community and can’t wait to see the projects you take on.