Michael Quarles
I’m bored…. Anyone need help? In central California.
13 December 2024 | 1 reply
A few years ago I stopped coaching, I sold my print marketing company (Yellow Letters) to care for my wife.
Ron Brady
PE Trump planning to privatize Fannie and Freddie? Why?
12 December 2024 | 1 reply
During the GFC, the Obama administration took control of these entities and they have since been 100% controlled by the government.
Tiffy W.
Do you suggest renting PO Box to collect rent?
1 January 2025 | 32 replies
Only government and insurance companies insist on not letting go of mail.It's good asset protection.
Karl Kauper
Laid-Off Tenant in Euclid, Ohio
14 December 2024 | 6 replies
Any government programs available?
Benjamin Finney
Macro Economic Indicators to Inform Investment and Lending Business
23 December 2024 | 5 replies
I do not trust unemployment numbers and a lot of the data from the government so we use what we see in front of us.
Chris Scarazzini
New BP Member
26 December 2024 | 15 replies
Research neighborhoods near colleges, government offices, and hospitals, explore FHA loans, conventional loans, house hacking strategies, and connect with local investors.Good luck!
Nicholas Stout
Landlord getting into section 8 rentals. Any Tips?
16 January 2025 | 18 replies
Why someone willingly wants to work with a government agency that will slow down turnover, dictate rents and rent increases, and dictate repairs is beyond me.
Melanie Baldridge
Bonus depreciation ?
16 December 2024 | 0 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.
Mike Auerbach
What is the real point of doing a 1031 exchange anyway? - Simplest explanation
19 December 2024 | 7 replies
When the local/state government turns on you and you need to bail on your market.
Gustavo Delgado
why should we still invest in real estate?
4 January 2025 | 25 replies
You should be printing money. 6 acre lot in the middle of town on the highway.