Melanie Baldridge
Did you know this about Gas Stations?
14 January 2025 | 2 replies
The tax advantages of buying/holding gas stations are pretty great.Many of the components of gas stations including pumps, tanks, external parking areas, and other equipment are classified as either 5 or 15 year property so you can bonus depreciate a lot of it (minus the land value) and get significant deductions in year 1.With the 2025 bonus depreciation rate at 40%, a $1 million gas station acquisition could still lead to $100K+ in year 1 deductions depending on the specifics of your deal.
Katie Southard
Really want my rental in an LLC
14 January 2025 | 1 reply
While she is not entitled to my income information, she is entitled to his every year.
Zongfu Li
Kiavi is the worst lenders I have been working with
15 January 2025 | 11 replies
This sounds like good information.
Pixel Rogue
Buy, Rehab, Rent, Refinance, Repeat - got them all with questions on refinance/repeat
4 January 2025 | 7 replies
Buy - Rehab - Rent - that has been the bulk of the work.
Christina Hall
Best skip tracing website?
23 January 2025 | 36 replies
well, anyone that types in "we buy houses" to sell a house, was obviously looking for a "we buy houses company" right?
Zachary Kotiadis
*Using an FHA loan, can I move during the first year?*
17 January 2025 | 9 replies
I want to know whether it would work legally for me to buy a home and occupy it for 6 months and then relocate for the maximum time of two years and then return to the property a my primary residence.
Rishika Garimella
Would you recommend buying an investment property in Austin area now
2 January 2025 | 13 replies
There are very few, good buying opportunities in the Austin metro-plex for pure investors.
Kathy Creighton-Smith
LoanBidz lending reviews
23 January 2025 | 15 replies
Again, there are a lot of things that you are implying about our business on a platform where the information will stay for others to read in the future.
Franklin Marquette
Hello from LA - Brand New and Eager to Learn
23 January 2025 | 8 replies
Congrats on buying an investment property.
Jerry Zigounakis
LLC or sCorp for investment properties
21 January 2025 | 7 replies
Please note the information provided below is a layman's definition designed to provide a basic understanding for the general audience.