
13 April 2021 | 8 replies
Considering most of the time if multiple hard pulls are made within a two week span it will count as one, I would imagine it depends on how quickly you are going to purchase them?

8 April 2021 | 1 reply
Life span of 10 years.

15 April 2021 | 3 replies
In my PA market I had four water heaters go bad in the span of about 14 months (they were mostly dinosaur water heaters).

19 April 2021 | 5 replies
The intention is to have hundreds of units over the course of the next few decades (god willing) and then even having this business span generations if possible.

3 May 2021 | 9 replies
That portion is 'depreciable' over a 15 year life span, so I see how it can be viewed as such.

26 April 2021 | 5 replies
Flooring has a 10 year life span. 2400sf*$6 sf= $14400/10 year life span/12 months in a year=$120 per month for 1 item.

30 April 2021 | 7 replies
I use 10 years as lifespan. 3500 sf*$6 per sf=$21000/10 year life span/12 months in a year=$175 per month for 1 item.

13 May 2021 | 7 replies
A bit of background: Generally with real estate.. you deduct the loss of an assets value over a span of 27.5 years (straight line depreciation) - However, In 2017 - The IRS put in place "100% bonus depreciation" - allowing us to write off / deduct some assets at 100% in their First year- From what I understand, the rule of thumb for depreciation is 20% of the homes value (not land) This can be advantageous tax wise if done correctly.

30 April 2021 | 5 replies
To find your cap-x you need to first complete a maintenance schedule, which lists each main component, est age on them, est life span of such, cost of replacement and than a multiplier to project future replacement cost at __yrs out.

4 May 2021 | 4 replies
Floors: carpet 5 year life span, laminate and lvp 10 year life span, hardwood floors 25-30 years(refurb every 10 years or so),tile 25 years.