Eric Andersen
Looking for help with Dallas/Fort Worth (DFW) short term rental market
11 January 2025 | 11 replies
Hey @Eric Andersen, so there are a lot of regs in the DFW area.https://www.fortworthtexas.gov/short-term-rentalsRentals are not allowed in residential districts: A-#, AR, B, R1, R2, CR, C, D, UR.Dallas recently banned STRs in single family homes but there was an injunction that blocked it.
Josh Smith
HOA management in Pigeon Forge
1 February 2025 | 3 replies
For best results shop the vendors (who can be covered by insurance/meet HOA requirements) and get several options to your HOA management company to have the board pick from.
Derek Harville
Grandmother wants to leave/give me trailer! Help!
6 February 2025 | 13 replies
.: Shop around.
Julio Gonzalez
Asset Classifications for Cost Segregation
7 January 2025 | 6 replies
I do have a small shop with equipment that I use exclusively in fixing my rentals.
Kasey Hardt
🌟 December 2024 Top ROI ZIP- Charlotte NC🌟
3 January 2025 | 0 replies
We have PNC, UNC, and soon to be, Entertainment District!
Melanie Baldridge
What is MACRS classification?
10 January 2025 | 0 replies
When it comes to real estate, here's a general list of eligible assets and their depreciable lifespans that you should know: Residential Rental Property = 27.5 yearsThis includes any building or structure where 80% or more of its gross rental income is from residential units.That means:- Apartment buildings- Single-family rental homes- Duplexes, triplexes, and quadplexes- Mobile homes (used for residential rental)- Any kind of residential lodging facility where the primary purpose is long-term rentalCommercial Property = 39 yearsThis includes non-residential properties like:-Office buildings-Retail stores and shopping centers-Warehouses-Industrial complexes-Hotels and motels that do not qualify as residential rental propertyLand Improvements = 15 yearsThese include sidewalks, roads, fencing, some landscaping, and parking lots that are separate from the building.Personal Property = 5 or 7 yearsPersonal property used in a rental activity usually has a 5 or 7-year life.This includes most furniture, appliances, carpeting and various machinery.Qualified Improvement Property (QIP) = 15 yearsGenerally, this includes any improvements made to the interior of a non-residential building after the building was placed in service, excluding elevators, enlargements, and the internal structural framework.Computers and Related Peripheral Equipment = 5 yearsVehicles = 5 yearsNote that the land itself is not depreciable.
Tyler Mills
Transitional Neighborhood Indicators?
9 January 2025 | 1 reply
(Starbucks / yoga studio / craft brewery /boutique cookie,coffe or ice cream shop are the easiest targets)-Activation of dormant retail sites-Increased foot traffic For B to AAbove also apply-Home valuations (are homes in the increasing at rates above nearby or similar neighborhoods)-Is it walkable or are projects in place to make it highly walkable for residents-Is it near highly desirable activity centers -is it unique (for example - Can it get historic designation)
Michael Poloncic
Tenant breaking their lease
9 January 2025 | 8 replies
In Pittsburgh, where I live and operate, this would be a two to three-month process in front of almost all out local district magistrates.
Allison Park
Expectations of Investor Buyer's Agent
6 January 2025 | 15 replies
Short Sales, Bank Owned, $/sqft, school district, days on market, etc.