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Results (10,000+)
Alicia Howard RV Depreciation for 2024 taxes
15 January 2025 | 5 replies
To throw a wrench into things, if we were talking about real property/structures that were being short term rented, it's possible/likely that your depreciation period would be 39 years, not 27.5.However, a vehicle - which is what an RV is, regardless of how you're using it - is 5 year property.
Omar Merced Ready to go. Boxabl. The future. Coming to your backyard
6 January 2025 | 3 replies
Any idea of lead times? 
Bruce D. Kowal The Side-Hustle Timeline: How to Build Your RE Business While Working 9-5
16 January 2025 | 1 reply
.🎯 Your 6-Month Timeline:Month 1: Foundation (5-7 hours/week)Morning routine: 1 hour daily market researchEvening routine: Deal analysis practiceWeekend: BP forums & networkingKey Goal: Analyze 10 deals on paperMonth 2: Education (8-10 hours/week)Complete 1 RE courseJoin 2 local REI groupsSchedule lunch breaks with agentsKey Goal: Build your initial power team listMonth 3: Systems (10-12 hours/week)Set up deal tracking systemCreate document templatesEstablish banking relationshipsKey Goal: Ready to make offersMonth 4: Lead Generation (12-15 hours/week)Drive neighborhoods after workWeekend open housesSetup automated MLS alertsKey Goal: Generate first 5 qualified leadsNow, the Owners and Brokers you deal with may not enjoy this, but you can certainly "practice" making offers.  
Caleb Mesquita New to Real Estate/Looking to learn
16 January 2025 | 5 replies
You can learn to do this independently or get a rockstar REALTOR to lead the way.
Anca R. Is a 1031 Exchange allowed in this case, and if so, is it worth the hassle?
22 January 2025 | 22 replies
When a rental is taken out of service for personal use the accumulated depreciation goes away over a short period of time. 
Anthony Rondinelli Rental properties affecting DTI
21 February 2025 | 26 replies
Some a short-term loan can also help you with DSCR loans with fewer regs and guidelines making your loan process much simpler.
Melanie Baldridge Did you know this about Gas Stations?
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.
Paul Gutierrez Open Door Capital Funds
11 February 2025 | 31 replies
It doesn’t make sense to go through the fundraising process each time since the focus should be on trying to swallow up these deals in short order. 
David Hori Is Pace Morby a Scam?
13 February 2025 | 123 replies
I am also a member/subscriber of Vodessey, Short Sale Prophets Basic, and several others. 
Jimmy Chao Selling fixer to relative and avoiding seasoning period.
19 January 2025 | 3 replies
There is no seasoning requirement involved since the property isn't a short sale and it isn't someone buying REO from a bank with a seasoning requirement.