On top of the line of credit, we have also equipped them with unsecured revolving lines of credit totaling $377K in which they use strictly for renovation.

Additionally, you might want to install a fence with a self-locking gate and make sure all pool equipment is up to code.

Working with a CPA ensures you are fully prepared and equipped to take advantage of the latest updates.

The Section 179 deduction allows you to deduct the full purchase price of qualifying equipment or property in the year it’s placed in service, rather than depreciating it over 27.5 years.

Most people outside the profession don’t understand the time and capital it takes to make a project come to fruition.Before a single piece of equipment touches the ground, there are years of government meetings, environmental and site assessments, engineering studies, etc.Each step requires significant time, effort, and capital investment.But when done right, it creates a ton of value and transforms communities, which is why I love it.

Normally, you would only depreciate based on the life of the equipment, which could be as little ten years nowadays as a recent article mentioned new refrigerators now last 10 years or less.However, for taxes, you can do a section 179 election for equipment purchased for less than $1,160.

My go-to site is Ingram's Water and Air Equipment. 

One-year leases are very common in smaller spaces, as you're most often working with tenants in the trade industry that need a garage styled space for tools and equipment, some with a small 1-person styled office adjacent the shop.

When you’re just starting, resources provide you with the knowledge, tools, and support needed to avoid costly mistakes, make informed decisions, and stay focused on your goals.So, if you’re venturing into real estate investing, make sure you’re equipped with the resources that can guide your journey.

Comes with lawn care equipment.