![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/697151/small_1665767779-avatar-kristenncsc.jpg?twic=v1/output=image&v=2)
18 October 2024 | 0 replies
That’s the second-straight month of index improvement, and it’s been driven by — you guessed it — lower mortgage rates over the past 4 months.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/564804/small_1621492704-avatar-jillf5.jpg?twic=v1/output=image&v=2)
17 October 2024 | 5 replies
Selling (1031 exchanging) our high equity family owned properties is the best (really only) option that we have for funding our share of new purchases right now and with each new purchase, we are buying nicer and usually larger units in better neighborhoods so I'm trying to improve the quality of our family owned holdings in addition to growing a new business with our new partner.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3132350/small_1728515117-avatar-bradleys185.jpg?twic=v1/output=image&v=2)
17 October 2024 | 3 replies
I believe it's actually a very good regulatory environment now that the permits are in place.Overall, I expect metrics to continue to improve over the next few years as the demand for STRs continues to grow in our market at a 15% year over year rate.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/459114/small_1621477597-avatar-jamiep106.jpg?twic=v1/output=image&v=2)
16 October 2024 | 4 replies
@Chris SeveneyThe long-shot play I became aware of; Capital Improvement Project Funding that the city/county have allocated for projects that meet 2 criteria.Have a lifetime greater than 10 yearsCost more than $50,000I believe, even if the water and refuse collection run is only 1000 ft, that may not qualify but to do it "right", that two mile run would allow the entire subdivision to be supplied with services.
17 October 2024 | 15 replies
That means you’ll only be able to immediately depreciate 40% of qualifying property components like appliances or land improvements through a cost segregation study.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2698853/small_1681160186-avatar-noamk8.jpg?twic=v1/output=image&v=2)
15 October 2024 | 5 replies
I'm wondering if the northeast area is improving.
30 October 2024 | 94 replies
Start with one, see what it really costs you and what you could improve on.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2630594/small_1672636273-avatar-adolphusf1.jpg?twic=v1/output=image&v=2)
15 October 2024 | 3 replies
I would suggest you research/follow a person named "Marco Carbajo" on YouTube as he provides good information for obtaining business credit.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2078846/small_1737851843-avatar-bradn47.jpg?twic=v1/output=image&v=2)
16 October 2024 | 7 replies
The cost basis includes:Purchase Price: The amount you paid for the property.Renovation Costs: Add the cost of improvements and remodels that significantly enhance the property's value.Closing Costs: Certain closing costs related to acquiring the property (like title fees) can be added to the basis.You will then allocate the total cost basis between the land (which isn't depreciable) and the building (which is depreciable over 27.5 years for residential properties).If you're unsure about how to allocate between land and building, you can use the allocation percentage from your property tax records or get an appraisal.This post does not create a CPA-Client relationship.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3051442/small_1718487996-avatar-serafinf1.jpg?twic=v1/output=image&v=2)
15 October 2024 | 7 replies
Any articles, youtube videos, or books that you would recommend?