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Results (10,000+)
Laurieann Frazier-Duarte Landlord responsibilities with rentals
1 November 2024 | 22 replies
There are AC service company offer a reasonable fee for a annual plan where they come to change the filter twice a year.
David Cheng What do you qualify as a proof of funds?
4 November 2024 | 34 replies
To me, any liquidity qualifies: bank letters, bank statements, stocks in an investment account that covers down payment, etc.Today, I got a letter from a hard money lender saying the buyer is approved for 1/2 the listing price of the property.
Tyler Tomas Owned rental property. Need to rehab and refinance.
31 October 2024 | 8 replies
Quote from @Tyler Tomas: Keep in mind your equity is not a savings account from which you can withdraw for free.
Dániel Kovács Introduction of new member.
6 November 2024 | 7 replies
Opening a bank account is one, filing and paying taxes is another.   
John Rivera What are your pressing issues when flipping? Replacing labor and project management..
4 November 2024 | 2 replies
I managed it with spreadsheets and notepad on my phone only and used no accounting software the most part.Would you guys find more use in a service that replaces hands quickly or just having an app on your phone and computer to manage your flip projects that's visually appealing and easy to scale with?
Kent Ford Why Do You Think Texas is a Hotspot for New Real Estate Businesses?
6 November 2024 | 34 replies
For example, with property taxes being some of the lowest in the country, owning a high-value property, like one valued at $650,000, might only run around $2,000 in annual property taxes—much lower than in many other states.The region’s climate and building standards also make maintenance efficient and cost-effective.
Krystle Glass Padsplit Model in Lithia Springs GA
5 November 2024 | 6 replies
I recommend connecting and consulting with an account representative at PadSplit to get their intake and see if they can provide any data on room rental rates/demand.
John Vasconcelos Considering RE Investing with BRRRR but came across this
4 November 2024 | 4 replies
REITs are easy to get into and highly liquid - log in to your brokerage account and buy a share - but you have zero control whatsoever.so...  
Melanie Baldridge Understanding the IRS Section 179 Election
1 November 2024 | 0 replies
Section 179 of the Internal Revenue Code allows businesses to deduct the full purchase price of qualifying equipment and software up to an annual limit.In 2024, for example, taxpayers can expense up to $1,220,000 of qualified assets.This election can apply to many types of tangible personal property, such as machinery, equipment, and off-the-shelf software, which are used predominantly in your business.Limits on Section 179 ExpensingAs attractive as Section 179 may seem, there are limits.For tax year 2024, the maximum investment limit is set at $3,050,000.If your business places more than this amount in service, the amount you can expense is reduced dollar-for-dollar over this threshold.In addition to the dollar and investment limits, the amount of your Section 179 deduction cannot exceed your taxable business income for the year.This means that even if your business invests heavily in qualified property, the deduction could be limited by the business’s profitability.Also, not all property qualifies for Section 179.Real property, like buildings and structural components, generally does not qualify unless it is "qualified improvement property."
Garrett Brown What are your top 3 up and coming markets for Short Term Rentals?
6 November 2024 | 42 replies
There's more value and price/annual gross rents ratio in the middle and right part of the map.