This fast turnaround highlighted our ability to identify profitable opportunities and act decisively, creating value with minimal holding time.

@Matthew Platon - I think there are a lot of unforeseen factors that could affect my decision.

I am weary of trading my time for money and wish to be more present for my children while building generational wealth.

Examples of qualified improvement property include improvements made to the interior of nonresidential real property, such as HVAC systems or alarm and security systems.We refrain from making direct recommendations on Section 179 because we believe this decision is best made by the CPA, who completely understands the client’s overall tax situation.The decision to elect Section 179 is deeply tied to broader tax implications, including other deductions, income limitations, and future business planning.Your CPA has a holistic view of your finances and can help you make the right choice.TLDR:* Section 179 is a powerful tool for business owners and real estate investors, allowing immediate expensing of qualifying assets in the year they are placed in service.* Annual limits apply to how much can be expensed, with the 2024 cap set at $1,220,000, and investment limits that start to phase out when more than $3,050,000 of property is placed in service.* Not all property qualifies for Section 179.

@Adriana Siu real estate is a long term hold, not a trade in my opinion.

Any time you can avoid adding more trade lines to your credit and increasing your DTI its best.

Hi BP of Boston,When you consider rent increase, what factors do you base your decision on ?

Call it a partial or hypothecating or both but that’s another concern.Lastly does each person involved in the trade understand all these surrounding facts?

IRS pub 425 says, "Passive activities include trade or business activities in which you don't materially participate.

I do have a lot of people who have started asking questions so I figured I would give the good and the bad from my experience over the last two years so others can make their own decision.