Julio Gonzalez
Cost Segregation on Office Building
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.
Kaylin Gonzalez
is cash flow taxable income ? how is it taxed ?
27 August 2024 | 10 replies
Passive income is generally more desired from an investor's point of view because they get a lower tax treatment than active income.
Glenn Cross
Seeking guidance - What to do from 1st to 1st?
27 August 2024 | 10 replies
This will be a detailed inspection of every room, ceiling, floor, plumbing, smoke/CO2 detectors, window treatments and screens, etc.
Rusty Scott
Tax Treatment of Agent Commission on Own Purchases
21 August 2024 | 28 replies
For those licensed agents out there....when you buy a property for yourself, either personal residence or investment property, you typically receive the buyers agent commission.Is this considered taxable income? Or is...
Joseph Beilke
Bourbon and Whiskey?
28 August 2024 | 74 replies
So today ozone treatment and air return box repair, then I found some dry but soft base board behind the refrigerator
Bobby Sharma
WORST cities for permits, code enforcements, city inspectors
26 August 2024 | 28 replies
City planners advocate for this sort of treatment to preserve the ratio of homeowner to renters, or planners are attempting to change the direction of investment in their city altogether.
Bob Willis
Private Lending vs Syndication - looking into both
23 August 2024 | 10 replies
With a fund some can offer tax preferred treatment such as dividend vs ordinary income so it’s something to review not just gross but net returnsThere is no right or wrong answer to this, it’s truly a preference and how comfortable you are with each type of investment
Peter Firehock
Springfield Virginia (Washington D.C. Suburb) Buy and Hold Thesis
22 August 2024 | 10 replies
This class-A medical office and treatment space is slated to bring 1,200 new high-paying jobs to the district.
Keaton Schultz
I'm 24 with 2,500+ units
21 August 2024 | 7 replies
We experienced low energy, brain fog, sore throats, headaches, unexplained cough, and more every day for the year we lived there.
Chris Seveney
If it’s too good to be true
19 August 2024 | 9 replies
For example, Drive Planning and Burkhalter spent $319,628 on clothing, jewelry, and beauty treatments.