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30 November 2017 | 22 replies
Im a stickler for the rules though for a few reasons....BP gives me a very public presence....Ive served on my boards grievance/ethics committee...and my broker is the chairman of the state real estate commission.
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22 April 2018 | 6 replies
Then I would request to be placed on the agenda and I would attend the next board meeting (hopefully with other landlord / owners) and formally request that they waive the record keeping fee or publicly offer to volunteer as a "landlord" committee to keep track of the info for them for free.
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22 March 2020 | 33 replies
@Hiro Kitagawa, qualified improvement property has become a bit more interesting than your CPA made it out to be.Now, there is in fact a category for owners of non-residential real property called qualified improvement property (QIP) that as of 1/1/18 replaced the old qualified improvement property (yes, same), qualified leasehold improvement, qualified retail improvement, and qualified restaurant property classification rules, as well as includes some property that would not have fallen into those buckets previously.The committee reports indicated that QIP placed in service on or after 1/1/18 would be eligible for a 15-year depreciable life as well as bonus depreciation rather than the standard 39-year, non-bonus eligible method applied to non-residential real property.However, the law was not drafted correctly, i.e., there was a technical error, and the section of the tax code describing 15-year property (Section 168(e)(3)(E)) was in fact not amended to include qualified improvement property.So for now, strictly-speaking, in 2018, qualified improvement property is regular old 39-year property that is not eligible for bonus depreciation.We do expect that a technical correction to the law will be made, but for now the IRS has actually stated that it cannot guarantee that absent legislative correction it will accept the legislatively intended change in recovery period and bonus eligibility.Anyway, this is neither here nor there since you have stated you are a landlord of residential rental property rather than non-residential real estate.And this does not affect the application of 100% bonus depreciation to both qualifying new and used property place in service after 9/27/17 and before 1/1/23 that @Yonah Weiss pointed out.
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23 April 2018 | 21 replies
The owner is a committee who will vote on any offer made.
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6 September 2021 | 35 replies
I've tried a couple of the local REIAs but find that I like the BP committee better.
12 May 2018 | 23 replies
This plus SB 827 dying in committee don't bode well for any sort of supply side fix to the issue.
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8 December 2020 | 9 replies
Condo Ally: another solution with a pretty dated site design/UI, but a decent focus on day-day HOA management, from bulk member emails/postal letters, document storage, event calendar, resident directory, maintenance requests, member polling, financials, committees, vendors, and discussion forums.
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31 May 2018 | 15 replies
You can see a Texas Tribune article about the recent ruling.A bill to block cities from heavily regulating short-term rentals made it through the Texas Senate during the last legislative session, but it died in committee in the Texas House.
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4 June 2018 | 18 replies
And I was on a few senate select committees in CA in the 80s purpose how to deal with these antiquated subdivisions that can never be built but the lots are of legal record.
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21 February 2018 | 2 replies
And they really wanted to dive into my connection to the area.Now do I know how much weight a loan committee put on each of those contributing factors?