
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.

3 November 2024 | 56 replies
Maybe my understanding of the situation is incorrect, and if so I will gladly stand corrected.

1 November 2024 | 6 replies
You can google how to do it but local hardware store should have all the tools you need.

31 October 2024 | 7 replies
Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.

31 October 2024 | 7 replies
Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.

4 November 2024 | 17 replies
All of this needs to align with a motivated seller's ideal image of their perfect cash buyer.Let me explain:When you do a Google search, let’s say for a contractor, you already know what you're looking for, correct?

31 October 2024 | 2 replies
It sounds great, but it's all just words at this point - speaking from the experience as both an operator, broker, as well as someone that has experimented first hand with different tools.

5 November 2024 | 22 replies
They called me back and told me they had corrected the error and would serve another notice to the Tenant within 72 hours of the eviction (Sat morning) and it would sstill go thru at the assigned date of Tuesday.Tuesday morning 30 minutes before the eviction, I was driving to the unit as the Sheriff had instructed me to bring a locksmith the break the lock - in case the tenant had changed them, then change the lock as soon as the Deputies had cleared the unit of people.

30 October 2024 | 2 replies
Government is nailing property managers to the wall in a bold move to control financial crimes.BOI is yet another Federal program, “Beneficial Ownership Information.”The BOI program, a key tool in the fight against financial crimes, requires every business to document it’s 'Beneficial Owners.’

3 November 2024 | 24 replies
Very selective process, and geographical regions- but this is an AMAZING tool for some people.