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Results (10,000+)
Lorenzo L. Graduating college soon, should I stay in Boston, or go to Miami?
17 December 2024 | 1 reply
In Miami, i have my family and also have great opportunities to build a career there from my parents relationships.Now, im not sure if when i graduate, go to Miami where my family is and start from scratch or if i should stay here in boston and continue building relationships to be much ahead when i graduate.What do you guys think?
Marc Brown Mid term rentals by the room
17 December 2024 | 3 replies
Looking forward to the journey ahead....
Albert Johnson Can I charge tenant for clog drain
16 December 2024 | 9 replies
If a tenant has a clog and calls, we remind them of this clause and then go ahead and call our plumber, who fixes it and reports back.
Matthew Drouin Good Cause Eviction Law Passed - 3 Things You Need To Know
30 December 2024 | 15 replies
@Tim Horning correct but Ithaca already passed good cause so get ahead of it by having conversations with your town council members before their opinions on it become ossified
Michael Benanti DealCheck app? Good or bad?
2 January 2025 | 32 replies
If you want to try either, Michael, go ahead.
Fed Finjap Reflecting on my first year house hacking a 3-flat in Chicago
2 January 2025 | 11 replies
Being prepared to tackle these issues quickly is key.Looking Ahead to 2025As I head into 2025, I’m focused on building on this year’s progress.
Melanie Baldridge Bonus depreciation ?
16 December 2024 | 0 replies
Bonus depreciation is just a special part of the US tax code.It allows you to take accelerated depreciation on portions of your property depending on when an asset is put into service.At the time of this writing, you can write off a huge portion (60% in 2024) of many qualified components that have a useful lifespan of 15 years or less.That means a certain percentage of things like landscaping, sidewalks, latches, appliances, fences, certain flooring, etc is depreciable in year 1.The bonus depreciation rate percentage changes yearly depending on the administration and the tax code.For years 2015 through 2017 first-year depreciation for all the items on a 15-year schedule or less was set to 50%.It was scheduled to go down to 40% in 2018 and 30% in 2019 and then 0% in 2020.But then Trump got elected, and he enacted the Tax Cuts and Jobs Act.That moved the bonus depreciation percentage to 100% from 2017 to 2022.In 2023 it went down to 80% and it’s currently at 60%.Depending on who gets elected again, 100% may be back on the table.Only time will tell.We know that the US government wants to incentivize more development and ownership of RE.They want Americans to continue to build and maintain our physical world.That’s why real estate is one of the most tax-advantaged assets in the US.Depreciation and bonus depreciation for RE are very positive and will likely continue in the years ahead.
Rick M. What to do if tenant falls a month behind
25 December 2024 | 12 replies
That is the best case scenario, of course sometimes you get lied to and stalled, that's why it is important to always emply a double strategy and stay a step ahead.
Leeling Chew Best Course of Actions To Remove a Difficult Tenant
24 December 2024 | 5 replies
Nor will you get a Constable to go with you if you have not confronted the issues ahead of time......unless you encounter physical violence or a threat to your life, I highly doubt you will get any support in giving an eviction notice to a tenant.  
John C. Owner Financing in Pennsylvania
17 December 2024 | 9 replies
At your scale, you would likely need to go full steam ahead and get the required licenses.