Danae Pitcher
Holiday Bookings - Busy or Bust?
11 December 2024 | 14 replies
Have some bookings out as far as Valentine's day, but we usually don't show past 14-15 weeks to re adjust for pricing.
Richard Gann
3 Factors to Consider in Exchanging Your Oregon Rental Property
16 December 2024 | 1 reply
I remember chatting with my friend over coffee in Tempe just a few months back, after he’d gotten tangled in a set of local regs that made his head spin.
Darron Pierson
Jerryll Noorden's system
28 December 2024 | 26 replies
It's SEO for your website so you rank high when sellers search for a particular set of terms.
Marc Shin
Necessary to include photos of the exterior of the property?
20 December 2024 | 12 replies
I was going to say I would include at least one exterior photo so the guest has all expectations set forth for them.
Dina Schmid
Is a Loft a Bedroom?
18 December 2024 | 13 replies
On VRBO, when we set up the listing, they didn't have a "loft" option, so I think it's considered office space which led to some confusion or set up as a second living area.
Julie Muse
11th Ave NE Success: Quick Flip in Watertown with Traci Stephens!
17 December 2024 | 0 replies
The seller was motivated to close fast, allowing us to secure the deal and set the stage for a profitable resale.
Melanie Baldridge
Bonus depreciation ?
16 December 2024 | 0 replies
Bonus depreciation is just a special part of the US tax code.It allows you to take accelerated depreciation on portions of your property depending on when an asset is put into service.At the time of this writing, you can write off a huge portion (60% in 2024) of many qualified components that have a useful lifespan of 15 years or less.That means a certain percentage of things like landscaping, sidewalks, latches, appliances, fences, certain flooring, etc is depreciable in year 1.The bonus depreciation rate percentage changes yearly depending on the administration and the tax code.For years 2015 through 2017 first-year depreciation for all the items on a 15-year schedule or less was set to 50%.It was scheduled to go down to 40% in 2018 and 30% in 2019 and then 0% in 2020.But then Trump got elected, and he enacted the Tax Cuts and Jobs Act.That moved the bonus depreciation percentage to 100% from 2017 to 2022.In 2023 it went down to 80% and it’s currently at 60%.Depending on who gets elected again, 100% may be back on the table.Only time will tell.We know that the US government wants to incentivize more development and ownership of RE.They want Americans to continue to build and maintain our physical world.That’s why real estate is one of the most tax-advantaged assets in the US.Depreciation and bonus depreciation for RE are very positive and will likely continue in the years ahead.
Don Konipol
The Most DANGEROUS Real Estate Investments for the “Amateur” Investor
1 February 2025 | 56 replies
You should have money set aside for litigation.
Kathy Yao
Need help with a deal analysis
16 December 2024 | 4 replies
For the alley, I'm not sure I'm familiar with that set up, so I don't know that I can really comment on that.
John Williams
short term rental or longterm for more cash?
16 December 2024 | 14 replies
/city regulations, set up costs, doing things to stand out) and leave you with less cash in case of an emergency.