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30 August 2024 | 7 replies
Take care of them while your earning income if possible to reduce down time.
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29 August 2024 | 2 replies
After the cost segregation study was performed, this was the new asset allocation breakdown by useful life.Here are some examples of what types of assets are included in each of these asset classes.5 Year Useful LifeSpecialized equipmentCabinets and countersRefrigerators and microwavesSecurity alarm systems and telephone connectionsDecorative wall treatments, ceiling fans and flooring15 Year Useful LifeSidewalks, landscaping and asphalt pavingSignage and site lighting39 Year Useful LifeDoors, walls, roofing and windowsFlooring, drywall partitions and ceilingsEmergency lighting and restroom fixturesPlumbing, HVAC, and electrical distributionThe use of the accelerated depreciation strategy helps real estate investors to reduce the tax liability immediately which therefore increases their bottom line due to the offsetting of income.
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28 August 2024 | 2 replies
I've been trying to work out a deal with a land owner who would like to sell off a parcel of land in order to reduce is debt.
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30 August 2024 | 22 replies
Do you run into issues with cleaner retention when reducing their pay?
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28 August 2024 | 11 replies
However, it's important to understand that while an interest-only structure can reduce your immediate payments, it doesn't avoid taxes.
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29 August 2024 | 43 replies
When you do that change all of your ad titles to note in BOLD at the beginning something like REDUCED PRICE or $100 OFF/MTH END OF SUMMER SALE.
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29 August 2024 | 4 replies
Building new construction would turn it into an investment property, limiting the exclusion to $250,000 and increasing the tax burden, reducing overall profit.Way to keep the exclusion and still keep the property is to sell this to a privately owned S-corp.
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29 August 2024 | 4 replies
Some of them are reducing rent rates and rentals are sitting on the market.
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30 August 2024 | 6 replies
This strategy can help you reduce holding costs by moving to a lower interest rate sooner.
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1 September 2024 | 79 replies
Before this all fell together, I was looking to do an intern/shadow for a flip for someone else.