
16 October 2024 | 1 reply
What a lot of people think:Bonus depreciation is only for new properties or acquisitions.The truth:You can retroactively apply bonus depreciation to property placed in service after September 27, 2017, when the Tax Cuts and Jobs Act passed changing various rules.The IRS allows you to claim missed depreciation deductions by adjusting your current year's tax return, without needing to amend the previous year's returns.This is typically done through a change in accounting method using IRS Form 3115.

15 October 2024 | 5 replies
Those old drum traps in particular are pretty awesome to get cut out and replaced with pvc.

18 October 2024 | 7 replies
Income fluctuates tremendously in most 1099 real estate occupations (being a Realtor included) so having that put away will be vital to your comfort and peace of mind as you get started.(1) figure out how your minimum monthly income needs (this may change as you move to a different city and get out of college life, so estimates are fine for now)(2) cut out everything extra until you've put away 6 months reserves(3) live way below your means so you have extra money to save and investGood luck and congratulations!

16 October 2024 | 0 replies
- Proactive Tenant Management – Focusing on a solid tenant screening process and keeping up with regular communication and maintenance has helped cut down on vacancies and avoid evictions.- Tech-Driven Operations – Using property management software for things like rent collection, maintenance requests, and communication has made everything smoother and saved a ton of time.- Curb Appeal & Upkeep – First impressions matter!

15 October 2024 | 24 replies
You can cut any branches that hang over your property.

16 October 2024 | 0 replies
For the 10 year period spanning September 2014-2024, single-family prices in Austin nearly doubled, yielding an annualized appreciation rate of ~9.8% in that period.With inflation nearing its 2% target and signs of a slowing labor market, the Federal Reserve last month made its first cut in to the federal funds rate since the start of the COVID pandemic.
17 October 2024 | 2 replies
:)There's lots of opportunity in the development and construction of a new site - and a thousand places to suffer financial cuts and bruises that can bring you to your knees.

18 October 2024 | 7 replies
Aloha,Given that this is the first month using the Avail system, unless you specifically provided the tenant in advance with information on the lag time from first hand experience, I would let it go and simply inform them of how the timing did not work out, and have them adjust their "pay" date accordingly, reminding them of the "late" date and penalty for future payments.

17 October 2024 | 26 replies
🧐If you don’t get enough response from this thread, simply reread some old threads they can get pretty long.

16 October 2024 | 0 replies
Located two miles from the Strip, it offers a blend of interactive attractions, art installations, and cutting-edge technology, making it a favorite for tourists and locals.