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11 September 2024 | 3 replies
@Drake SiegelWhat is the cost for the land?
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11 September 2024 | 3 replies
Single family, multi-family, commercial, land, the possibilities seem endless and the Bigger Pockets community seems like the best way to learn and connect!
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11 September 2024 | 18 replies
If they have a separate gas and electric meter your generally in pretty good shape.
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10 September 2024 | 3 replies
I have heard the key to making the money is in the price of the land.
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13 September 2024 | 50 replies
It’s cheaper, and you avoid California’s $800 annual franchise tax.If you form in California, you’ll pay fees in both states (California and Ohio).But I would setup an LLC in WY and appoint your Ohio LLC as the manager of the WY LLC and put it all in a land trust.
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17 September 2024 | 68 replies
Land, I own some of the most amazing parcels.
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11 September 2024 | 18 replies
This allows you to deduct the full cost in the year it was placed in service.Fences are not eligible for the Section 179 deduction as they are considered land improvements.Given this information, you have two main options: 1) Take advantage of bonus depreciation (if eligible) and deduct the full $4,200 in the year the fence was installed.2) Depreciate the fence over 15 years using the appropriate depreciation method (likely GDS).To ensure you're making the best choice for your specific situation, I recommend consulting with a tax professional who can review all aspects of your rental property finances and advise you on the most beneficial approach.Please feel free to reach out if I can be of any help.Best,Jackson
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6 September 2024 | 13 replies
There are raw landing investing courses and groups available filled with practical information from people who are making miloneyninvesting in raw land.
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11 September 2024 | 16 replies
does anyone know the best sites to find properties, land and realtors?
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11 September 2024 | 17 replies
I live in Miami and do deals in only Miami dade and Broward. have done hundreds of transactions down here and currently working on 14 projects from fix and flips to new builds and some land entitlement projects look us up on IG @ Prophunters_