Melanie Baldridge
It’s not what you make, it’s what you keep!
6 November 2024 | 0 replies
& different parts of the asset can be depreciated on different schedules.To find out the useful lifespan of each component, you do a cost segregation study to analyze all of the parts.The raw land can't be depreciated so you start by giving that a value first.But other items can be depreciated on a quicker timeline.A roof, road, sidewalk, fencing, walls, gates, doors, latches, flooring, air conditioners, pavers, curbing, landscaping, etc.The IRS has a depreciation schedule for each type.Some parts are 5 yrs.
Francine Geike
Divorced low income assume loan of home selling investment property
8 November 2024 | 3 replies
Maybe look for a rental property that could boost your monthly income or even a tenant-occupied property to ensure cash flow right away.
Will Gaston
Nearing 1,000 College Student Tenants: Here's what I've Learned
21 November 2024 | 305 replies
I've been able to curb a lot of this through large fines in my lease, but even having to pay $1,000 will not always dissuade my tenants from continuing that behavior. 3) IRRESPONSIBILITY OF THE TENANTIf you're renting to students forget about ever getting them to admit to anything.
Lisa H.
Buying a house with a tenant that has lost his job
11 November 2024 | 10 replies
- Many flippers cut corners to boost their profits.4) Why are you worried about renovation percentages, when most already done?
Winson Zhi Jie Zheng
Top ROI for Single Family Flips
6 November 2024 | 3 replies
And exterior curb appeal is veryyy important.
Joe Barty-King
What are the best ways to find cash buyers/investors?
13 November 2024 | 13 replies
Focus on boosting your search rankings with targeted SEO, and then bid out everyone else to dominate the ad space.
Kent Ford
Creative Solutions to Texas Housing Affordability: Which Approach Works Best?
6 November 2024 | 5 replies
It not only provided more affordable housing options but also boosted local businesses.
Brody Veilleux
Sweat Equity on a MFH
7 November 2024 | 6 replies
@Brody VeilleuxTo maximize returns on multifamily housing, focus on mid-grade updates, amenities, curb appeal, utilities, exploring additional units, creating flexible spaces, and refinancing with a value-add record.
Saad D.
Is the 1% rule dead?
22 November 2024 | 92 replies
More opportunity boosts this approach is to do accelerated depreciation through cost segregation and meet the requirements to claim real estate professional tax benefits.
Yimma Davila-Castro
Want to be a landlord again and purchase rental
6 November 2024 | 12 replies
Optimize your finances by reducing debt, boosting credit, and maintaining strong cash reserves.