Robert B Azimi
average cost of city side walk replacement
2 December 2024 | 2 replies
Cleveland OH offers to pay for half of the sidewalk and apron replacement.
Melanie Baldridge
Bonus depreciation ?
16 December 2024 | 0 replies
Bonus depreciation is just a special part of the US tax code.It allows you to take accelerated depreciation on portions of your property depending on when an asset is put into service.At the time of this writing, you can write off a huge portion (60% in 2024) of many qualified components that have a useful lifespan of 15 years or less.That means a certain percentage of things like landscaping, sidewalks, latches, appliances, fences, certain flooring, etc is depreciable in year 1.The bonus depreciation rate percentage changes yearly depending on the administration and the tax code.For years 2015 through 2017 first-year depreciation for all the items on a 15-year schedule or less was set to 50%.It was scheduled to go down to 40% in 2018 and 30% in 2019 and then 0% in 2020.But then Trump got elected, and he enacted the Tax Cuts and Jobs Act.That moved the bonus depreciation percentage to 100% from 2017 to 2022.In 2023 it went down to 80% and it’s currently at 60%.Depending on who gets elected again, 100% may be back on the table.Only time will tell.We know that the US government wants to incentivize more development and ownership of RE.They want Americans to continue to build and maintain our physical world.That’s why real estate is one of the most tax-advantaged assets in the US.Depreciation and bonus depreciation for RE are very positive and will likely continue in the years ahead.
Tayvion Payton
Investing in MultiFamily
12 January 2025 | 20 replies
Do you see rehabs and dumpsters showing up and roads being repaved or even sidewalks being redone with pavers, etc?
Henry Clark
Belize Teak Plantation
4 January 2025 | 67 replies
Jayden still is growing, snake is 6 foot.Next week is electrical, painting inside/outside, pour sidewalk and porch.
James Wise
Why do people Buy Property in California
15 January 2025 | 192 replies
When it comes to homelessness, it usually refers to someone who is living in an area that is not meant for human habitation, like a car, sidewalk, or park.
Satyajeet Dodia
Is my Entity Structure overkill ?
20 December 2024 | 28 replies
If you fail to remove icy conditions from the sidewalk after a winter storm and your neighbor slips and falls while walking their dog do you really believe they cannot sue whomever is the property owner because there is no contract?
Rob Hakes
What the heck just happened.......
12 December 2024 | 2 replies
Drama..... we pull off the property return it to existing conditions and the city allows me to install the cleanout on their property in the sidewalk area.
William F.
Open reviews on land investing programs
17 December 2024 | 13 replies
Storm sewer, storm pond, sewer lines, water access, fire hydrants, public bathrooms, surface coverage, sidewalk or bike paths, setbacks, power lines and right of ways known and unknown, road access, etc. 5.
Burt L.
City Right of Way Agent Greatly Misrepresented Project To Gain Construction Access
9 December 2024 | 9 replies
My side of the street has no curb and gutter, the other side of the street has gutter only while only that side of the street is getting sidewalks as part of this project.
David Martoyan
What’s Your Biggest Lesson Learned From a Fix-and-Flip Project?
5 December 2024 | 20 replies
Are the comps, really comps (i.e. ranch vs two story, sidewalks versus no sidewalks, subdivision vs not)?