
25 September 2024 | 22 replies
Is there a business you can simply push up and increase revenue by a lot to produce the money you want to invest?

23 September 2024 | 16 replies
I've spent a decent amount of time playing around on the website and will probably go ahead and buy the premium version.

25 September 2024 | 12 replies
Just for future advise if you have equity in your home its best to get a heloc ahead of time and just have that credit line open similar to a credit card so you can tap in to it whenever needed weather it be to pay off debt, or invest in your next property or for family emergency.

24 September 2024 | 14 replies
Make sure to go ahead and give proper notice of non renewal per your lease and state statutes, so you don’t have anymore headaches

25 September 2024 | 14 replies
With so many "experts" on Section 8 pushing courses out there right now I was tempted to get into Section 8 rentals.

19 September 2024 | 1 reply
Hello,
I’m Jason Thibault and have been in business for the past 7 years within the residential construction industry. With over 20 years of being in the trades, I am very confident in my abilities within the indust...

23 September 2024 | 6 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.

25 September 2024 | 11 replies
If they put their own financial interests ahead of yours, I suggest you look for a new PM.

23 September 2024 | 9 replies
That'll actually put you ahead of the game.

25 September 2024 | 29 replies
My take on TT is that they give you just enough info in everything they do to remain interested and get hyped up, and then they push hard to sell their coaching.