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4 November 2024 | 10 replies
Target prospective homesellers from 2-3 sources and present these opportunities to your network.
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4 November 2024 | 14 replies
To succeed in Cleveland's short-term rental market, research local regulations, analyze potential locations, find ideal properties, build a network, plan renovations, stay connected with BiggerPockets, focus on modern bathrooms, cozy outdoor spaces, and practical amenities.Good luck!
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1 November 2024 | 0 replies
Examples of qualified improvement property include improvements made to the interior of nonresidential real property, such as HVAC systems or alarm and security systems.We refrain from making direct recommendations on Section 179 because we believe this decision is best made by the CPA, who completely understands the client’s overall tax situation.The decision to elect Section 179 is deeply tied to broader tax implications, including other deductions, income limitations, and future business planning.Your CPA has a holistic view of your finances and can help you make the right choice.TLDR:* Section 179 is a powerful tool for business owners and real estate investors, allowing immediate expensing of qualifying assets in the year they are placed in service.* Annual limits apply to how much can be expensed, with the 2024 cap set at $1,220,000, and investment limits that start to phase out when more than $3,050,000 of property is placed in service.* Not all property qualifies for Section 179.
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4 November 2024 | 12 replies
Network = Forums/FB/Meetup groups/1:1 coffeeCheck out Meetups here on BP website = https://www.biggerpockets.com/forums/521-real-estate-events-...3.
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5 November 2024 | 11 replies
You might also want to network with local businesses that may have relocating employees or contractors in need of housing.Local Regulations: Some areas have different rules for mid-term rentals than for long-term or short-term rentals, so make sure you're compliant with local laws.If you're new to mid-term rentals, connecting with investors or property managers already working in this space can be invaluable.
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3 November 2024 | 5 replies
Are there specific networking events or forums within the BiggerPockets community that you recommend?
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4 November 2024 | 8 replies
Check out the FaceBook Group "San Angelo's Investor & Entrepreneur Network" they may or may not still be doing monthly meet ups.
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4 November 2024 | 1 reply
BiggerPockets Forums and MarketplaceOf course, BiggerPockets is an invaluable resource for networking, learning, and finding deals.
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3 November 2024 | 3 replies
Property manager helping to guide, and now stepping up to next level with networking.
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31 October 2024 | 4 replies
TurboTax or CPA - same issue.