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Results (10,000+)
Melanie Baldridge Understanding the IRS Section 179 Election
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."
Ryan McLaughlin Our Latest Philly / Manayunk Flip
1 November 2024 | 2 replies
Jackie's design is what made the property special though.
Errol Graham Accounting and Management tools for Landlords
3 November 2024 | 15 replies
As my real estate portfolio has grown over the years both in terms of the number, types and location of the properties, including across states, I have continued to use my own designed excel worksheets to track records and prepare reports, including for tax purposes.However, my worksheets have now become cumbersome and more time consuming to manage.
Devin James Key takeaways from the Southeast Build-To-Rent Summit
30 October 2024 | 0 replies
Make sure to design your units with this demographic in mind.
Tammy Lewis New Construction in Tulsa & Surrounding areas
31 October 2024 | 1 reply
Broken Arrow has good schools and a suburban feel, making it attractive for families, which could give you stable tenant demand.
Yogev Lifchin Off-Market Google Ads Tip - Remarketing: The Secret Way to Increase Conversions %
31 October 2024 | 0 replies
While it’s not solely designed for remarketing, you can set up a remarketing campaign alongside your search keyword campaigns.
Glen Michael Survey's to your owners and tenants....
31 October 2024 | 2 replies
@Glen Michael I've heard Peter Lohmann talk about using NPS scores for their residents and owners, I don't know too much about it, but I think it's a system designed to get a real idea on how they're doing.
Vincent DeLucia Any thoughts on Detroit, Mi and the surrounding Cities
31 October 2024 | 6 replies
Detroit is coming up big time, but it's still flying relatively under the radar.Suburbs are getting increasingly expensive while the city is getting stronger and more attractive to move into.
Account Closed Has anyone done a JV deal with DLP don wenner?
30 October 2024 | 3 replies
They wrote up the LOI as a purchase with rehab with the designated rehab money going to the borrower for his cash out request.
Yogev Lifchin Off-market Google Ads Tip For Investors: How NOT to Write a Google - part 1
31 October 2024 | 0 replies
This search term will more likely attract potential home buyers.As we all know, targeting buyers can be a waste of money when competing in this competitive market where each investor/wholesaler is fighting for the next best distressed seller.Now, what else is this advertiser doing wrong with their ad?