
15 December 2024 | 3 replies
FHA rates are actually lower than conventional right now even though there is a monthly mortgage insurance it’s not much in most cases.

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.

15 December 2024 | 14 replies
If you can hit 1.25+ you will get the best rates.

16 December 2024 | 7 replies
Pay market price, BUT with seller financing, or assumable financing, at a LOW interest rate.

14 December 2024 | 4 replies
Two notes:1) The solar company may give you the best interest rate.2) If the power goes out, you still don’t have power if you have solar.

11 December 2024 | 2 replies
I like to schedule a time to drop off a Hickory Farms gift basket before the holidays.

23 December 2024 | 12 replies
You simply get a discount on this purchase, equal to your tax rate.

8 December 2024 | 9 replies
The guests that booked through Booking.com, who did not cancel ahead of their check-in date, were good guests, but we didn't receive near the response rate for guest feedback that we do from Airbnb and VRBO.

17 December 2024 | 8 replies
The state’s housing is also ranked as the fourth most affordable in the country.Alabama currently has the second-lowest average property tax rate in the country at 0.4%, which helps investors keep more of the money they earn.

11 December 2024 | 101 replies
I let you draw your own conclusions, which you seem to have done already.Because nobody can see interest rates in the US drop any time soon, many investors are hoping for a new foreclosure crisis for the to be able to get deals that work again.