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.
Kristin Mathern
Asking for advice on tenant locksmith situation
4 February 2025 | 14 replies
First, as someone else stated, if there was a keyed lock on the BR door, either you provide the tenant with a key for it, or you disable the locking mechanism, or you replace the entire handset with a standard bedroom set.
Christina Galdieri
1031 Exchange for a small business?
28 January 2025 | 6 replies
If purchasing new real estate as part of your reinvestment, a cost segregation study can maximize depreciation deductions, offsetting future taxable income.For effective planning, assess how the sale price is allocated between real estate, tangible assets, and goodwill, as this determines the tax treatment.
Luis Fajardo
Fannie & Freddie Privatization: Key Insights for Investors
7 February 2025 | 0 replies
Stricter lending standards could be introduced, making it harder for investors to qualify.
Jeffrey Duck
Who am I required to return the security deposit to?
4 February 2025 | 4 replies
Our standard language states:In the event that Tenants decide they no longer want to live together, ___________ will be considered the primary Tenant to make decisions about modifying or terminating tenancy.
Mike Levene
Most efficient source to pull funds from for a down payment?
23 January 2025 | 7 replies
I believe interest is tax-deductible if used for property improvements or purchases, and it gives you quick access to funds while keeping your stock portfolio intact.Private Money Loan: If you have a trusted partner and terms that work well for both parties, this could be an efficient solution without tapping into your other assets.
Jennifer Fernéz
Just starting! Have a couple questions for the tech gurus out there.
4 February 2025 | 1 reply
A lot of qualifying questions for any potential tenant.Having said the above, I ask for some "standard" things, such as the names of everyone who'll be living at the unit.
Tiffani Hollis
Appliances - New or Used?
17 January 2025 | 6 replies
So, you get a tax deduction on the purchase price.
Bruce D. Kowal
🏠 vs 📈 - A Fresh Look at Real Estate and Dividend Stocks
28 January 2025 | 0 replies
While qualified dividends get preferential tax treatment, real estate offers:Depreciation deductions1031 exchangesCost segregation opportunitiesHome office deductions for your management activitiesAnd more!
Bruce Rasquinha
SDIRA's as investing tools
23 January 2025 | 5 replies
It scales up to 37% once you get to around $12k of income but the UBIT is calculated after the first $1000 is deducted along with expenses and depreciation again only on the same % the property is mortgaged.