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14 January 2025 | 2 replies
The tax advantages of buying/holding gas stations are pretty great.Many of the components of gas stations including pumps, tanks, external parking areas, and other equipment are classified as either 5 or 15 year property so you can bonus depreciate a lot of it (minus the land value) and get significant deductions in year 1.With the 2025 bonus depreciation rate at 40%, a $1 million gas station acquisition could still lead to $100K+ in year 1 deductions depending on the specifics of your deal.
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7 January 2025 | 27 replies
S8 standard voucher amounts INCLUDE all utilities.
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19 January 2025 | 51 replies
I currently have 7 rentals units ( two three unit properties, an investment condo and a garage space) Currently I accept many forms of payment including Zelle, Venmo and paper checks.
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11 January 2025 | 7 replies
The notice should include the date of termination and the reason for ending the agreement.
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21 January 2025 | 10 replies
In that they will detail the scales they use, including at which level of renovation it's possible to get things "reset" so it is appraised as if it is a new built property.
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16 January 2025 | 18 replies
@Melody RaultA lot of specialized tax firms, including mine, serve clients nationwide, using technology.
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18 January 2025 | 36 replies
I would notify her in person and in writing (big note on her door) including quoting the clause in the lease where she is responsible, and tell her you will be inspecting to insure the heat remains on, high enough to protect your unit, or she will be breaking the terms of her lease and also liable for any damage done in the downstairs unit as well.
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14 January 2025 | 17 replies
Many local businesses that operate in the downtown area by the state park (including some famous attractions) close for the winter or reduce hours.
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13 January 2025 | 8 replies
I have flipped 30 houses, including having 10 projects going simultaneously, one of which sold for $1.8 million.
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15 January 2025 | 6 replies
Be firm but fair, and don’t hesitate to ask about what’s included—like prep work and trim.