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6 December 2024 | 2 replies
Highlight nearby conveniences and any neighborhood growth to attract interest.Focus on framing the size as a bonus that buyers get more space and value for their money compared to smaller homes.
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5 December 2024 | 7 replies
Bonus points if they could set me up with a LOC!
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26 November 2024 | 13 replies
Other than reduced bonus depreciation (if you're using that strategy), without any tax law changes, rates will be largely the same for 2025 as 2024, so you may not lose much by delaying receipt of the bonus by a month or two.
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4 December 2024 | 17 replies
You now can use Bonus Entitlement, or Tier 2 Entitlement.
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7 December 2024 | 8 replies
Bonus, since you are licensed a lot of folks don't want to sell at a discount.
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26 November 2024 | 2 replies
Someone I know bought a ranch to use as a short term rental property in 2021 for $1.7 million.Engineers did a virtual site visit, they were able to assign a value of $347,000 to either 5-7-15 year assets that were eligible for depreciation.In 2021, the bonus depreciation amount that you could take was 100%.This means that the owner could immediately deduct the full amount of eligible property in the year it was placed in service, rather than depreciating it over time.With that in mind, he took the full $347K deduction in his FIRST YEAR of ownership to offset taxable income from rentals.This was roughly ~20% of his purchase price.It was a big win for him.In 2024, the bonus depreciation rate is 60% so the calculation would be different.That said, you can still save and defer a ton.
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26 November 2024 | 13 replies
. :) You can't utilize bonus depreciation on anything <50% business use.
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3 December 2024 | 21 replies
Bonus question: Should I execute the leases under the business name and tenant’s name, or should the leases be in my personal name and the tenant’s name, considering the loan is in my name?
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4 December 2024 | 5 replies
Your property sounds amazing, and you've got great ideas for it—those trees and stream are a real bonus!
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14 December 2024 | 101 replies
However, they didn't discuss how the student was able to raise another 40K (which I'm significantly concerned about lending 40K from a hard money lender and pay APR 20%).Second Day,They told us that they were giving out a bonus session for early comers.