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7 November 2024 | 45 replies
For you to be in the game 2 years Im impressed and see you are headed to much bigger things.
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28 October 2024 | 4 replies
I’ve been using a properly management software Hemlane for couple years with no major issues.
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7 November 2024 | 13 replies
It may be a difficult game to get into in 20 years, yet many will find a way and the cycle will continue, so long as the US is still standing.Ultimately, none of us has a crystal ball, we can only look at history.Conversations like these have been going on since the dawn of man and will continue.
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4 November 2024 | 2 replies
Gotta 1 up @Jonathan Greene its for sure a different and more relational game.
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8 November 2024 | 31 replies
The only downside for me is that they use a credit card which my property management software charges a fee for.
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6 November 2024 | 34 replies
And those property taxes in Texas can be a real game-changer, especially without any cap, making it tough to predict long-term expenses.
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4 November 2024 | 7 replies
Hey Jude,Welcome back to the real estate game!
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6 November 2024 | 29 replies
Assuming tenants can place their maintanence request online, is that through your property management software (e.g.
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1 November 2024 | 0 replies
Section 179 of the Internal Revenue Code allows businesses to deduct the full purchase price of qualifying equipment and software up to an annual limit.In 2024, for example, taxpayers can expense up to $1,220,000 of qualified assets.This election can apply to many types of tangible personal property, such as machinery, equipment, and off-the-shelf software, which are used predominantly in your business.Limits on Section 179 ExpensingAs attractive as Section 179 may seem, there are limits.For tax year 2024, the maximum investment limit is set at $3,050,000.If your business places more than this amount in service, the amount you can expense is reduced dollar-for-dollar over this threshold.In addition to the dollar and investment limits, the amount of your Section 179 deduction cannot exceed your taxable business income for the year.This means that even if your business invests heavily in qualified property, the deduction could be limited by the business’s profitability.Also, not all property qualifies for Section 179.Real property, like buildings and structural components, generally does not qualify unless it is "qualified improvement property."
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4 November 2024 | 12 replies
In my opinion, house hacking is the easiest way to get into the RE game with the lowest money out of pocket...plus if you throw in a renovation loan like the 203k or homestyle, you can boost your worth quickly!