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10 February 2025 | 22 replies
Tell them your policy and they can either abide by it or move out.
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23 January 2025 | 8 replies
I’m excited about the opportunity but want to make sure I’m fully prepared before moving forward.
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20 January 2025 | 7 replies
If she has too many then she has to either get rid of some or move out.
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21 January 2025 | 8 replies
Hi Tyler, Since you did a house hack for your first property, I think the easiest next move would be to go house hack another one.
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15 January 2025 | 49 replies
Stessa is getting ready to move from $20 per month to $35 per month unless you pay annually.
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21 January 2025 | 3 replies
Britt,My firm has evaluated some smaller properties (under $500k) in the past for cost segregation, and it generally does not cost justify moving forward, since the benefits are small, and typically the tax liability on the income is minimal if any.
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18 January 2025 | 2 replies
This influx is limiting rent growth nationwide, particularly in the Sun Belt, where oversupply has led to rent declines.Nationwide, vacancy rates edged down to 7.8% as move-ins outpaced move-outs.
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10 January 2025 | 0 replies
When it comes to real estate, here's a general list of eligible assets and their depreciable lifespans that you should know: Residential Rental Property = 27.5 yearsThis includes any building or structure where 80% or more of its gross rental income is from residential units.That means:- Apartment buildings- Single-family rental homes- Duplexes, triplexes, and quadplexes- Mobile homes (used for residential rental)- Any kind of residential lodging facility where the primary purpose is long-term rentalCommercial Property = 39 yearsThis includes non-residential properties like:-Office buildings-Retail stores and shopping centers-Warehouses-Industrial complexes-Hotels and motels that do not qualify as residential rental propertyLand Improvements = 15 yearsThese include sidewalks, roads, fencing, some landscaping, and parking lots that are separate from the building.Personal Property = 5 or 7 yearsPersonal property used in a rental activity usually has a 5 or 7-year life.This includes most furniture, appliances, carpeting and various machinery.Qualified Improvement Property (QIP) = 15 yearsGenerally, this includes any improvements made to the interior of a non-residential building after the building was placed in service, excluding elevators, enlargements, and the internal structural framework.Computers and Related Peripheral Equipment = 5 yearsVehicles = 5 yearsNote that the land itself is not depreciable.
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17 January 2025 | 19 replies
First month free only attracts people who move every 12 months.
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23 January 2025 | 165 replies
Hey, how about that genius move to turn OFF the power, including to the water pumps.