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29 August 2024 | 8 replies
My accountant did it for me included in what I pay him monthly, however I have new LLC he has not done/had to do any work so I did myself and it was free and under 5 mins on FinCen site.
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28 August 2024 | 2 replies
When you are visiting the site on your phone would you mind sharing what are the top 5 things on the site you use or would want on the app?
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30 August 2024 | 11 replies
Is there a article/post/site that lists all the areas you can invest in?
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29 August 2024 | 4 replies
After industrial hemp was legalized in the 2018 US Farm Bill, hemp building has started to explode in the United States.Hemp is a long-lasting sustainable building material that sequesters 5 tons of CO2 per acre while growing and eliminates toxic landfill-packing petroleum-based waste on the building site.
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30 August 2024 | 7 replies
So, again, called in a favor from a friend to grab a couple cabinet doors from the store 2 hours away, while he was up on business trip anyways, so we could get them on site before installer was "done" and onto another job.Ultimately, as Alan notes, you just have to accept this, and figure it out on the fly.
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29 August 2024 | 3 replies
On this site you will get investors that have Rockstar realties 5 states away, and realtors themselves.Do yourself a favor and get your boots on the ground, meet some locals, and get references.
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29 August 2024 | 2 replies
The commercial returns available on loopnet or auction sites for public viewing generally seemed no better than I could’ve gotten buying overpriced residential property.
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28 August 2024 | 1 reply
Because the answers to these questions are site-dependent, you'll need to check with your local zoning and permit departments.
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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.