Michael Plaks
DEBUNKED: EOY tax planning "tips and loopholes"
23 December 2024 | 12 replies
In our 'day job' business of remodeling we have stayed just a partnership with an LLC.
Alex Longinidis
Buying First House Hack
17 December 2024 | 17 replies
Needs a huge remodel (they put the shower in the living room, and you can't open the oven all the way in the kitchen, absolutely ridiculous).I did check the events and meetups category, couldn't find anything nearby.
Jonathan Cooper
Prorated depreciation for str
11 December 2024 | 16 replies
In your case, since the property was under remodeling until the end of August, you would start depreciation when it was available for use as a rental, likely in September.
Silas Melson
Estimating Rehab Costs
14 December 2024 | 15 replies
you just have to estimate them based on what the property needs.so if it needs a new furnace + a bathroom gut and remodel + new windows, you estimate that.
Julio Gonzalez
Cost Segregation Reclassification Percentages
11 December 2024 | 2 replies
Generally, the properties that benefit the most from a cost segregation study are properties that are remodeled, expanded, purchased or constructed after 1987, the year in which the Investment Tax Credit was enacted.
Travis A.
Title: Sell or Rent? Advice Needed on Historic Home in Northern Virginia
17 December 2024 | 6 replies
I had 3.5% rate, did a lot remodeling and heavy lifting, and decided to sell due to the 2/5 capital gains exclusion.
Steve Johnson
Steve with I Gotta Guy KC. Hello!
10 December 2024 | 7 replies
I also own a company with my brother, I Gotta Guy KC that does handyman and remodel work.
Daniel Boucher
Triplex purchase, current tenant paying below market rent
12 December 2024 | 4 replies
If you have units to remodel and are updating you can offer the senior tenant to move to the nicer unit and raise the rent, you can incrementally raise the rent, or maybe you can rent the other two for above market to make of the cost of the senior rent.
Sino U.
If you were to start now, where would you choose?
11 December 2024 | 12 replies
It amazes me how much random transient travel it gets(bowling tournaments, pawn shop remodels, manufacturing employees, traveling photographers, etc).
Chris Pickett
When to do remodel
25 November 2024 | 7 replies
I plan on having kitchen remodeled, new flooring out in, and a wall removed.