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1 November 2024 | 0 replies
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.
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8 November 2024 | 53 replies
Guys, good luck with the "I am a fortune cookie" posts, to boost your following, likes, and popularity!
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1 November 2024 | 6 replies
You can google how to do it but local hardware store should have all the tools you need.
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31 October 2024 | 7 replies
Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.
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5 November 2024 | 28 replies
Wow @Jacob Nevarez - You have a very popular post!
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31 October 2024 | 7 replies
Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.
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31 October 2024 | 2 replies
It sounds great, but it's all just words at this point - speaking from the experience as both an operator, broker, as well as someone that has experimented first hand with different tools.
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30 October 2024 | 2 replies
Government is nailing property managers to the wall in a bold move to control financial crimes.BOI is yet another Federal program, “Beneficial Ownership Information.”The BOI program, a key tool in the fight against financial crimes, requires every business to document it’s 'Beneficial Owners.’
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25 October 2024 | 4 replies
Recently upgraded to pro account and tried using the "find deal" tool.
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31 October 2024 | 5 replies
Pittsburgh – Strong rental demand in popular neighborhoods like Mt.