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18 February 2025 | 5 replies
You then will pay some long term capital gains, but you also have to take depreciation recapture.
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19 February 2025 | 10 replies
But if it's an RV park near a lake or tourist destination, then an RV or 2: yes.There is no draw to travel somewhere just to stay in an RV....I whole heartily agree there is no draw to travel somewhere just to stay in an RV.The RV parks I've seen that have fixed RVs for rent look like low end MH parks.
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12 February 2025 | 3 replies
Put new tires, clean them up with 10k then sell them for 100k. 40+% on your money.
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18 February 2025 | 11 replies
Additionally, wages sent directly to a church are not considered charitable contributions—to qualify for a deduction, the employee must receive the income first, pay taxes on it, and then donate to a qualified 501(c)(3) organization while itemizing deductions.The IRS closely scrutinizes arrangements that appear to shift tax liability, and if deemed an attempt to avoid taxation, both the employer and worker could face serious legal consequences.
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22 February 2025 | 40 replies
You are doing more good for the community then just posting about your wins!
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22 February 2025 | 3 replies
The issue is, if your project isn’t structured to be sold as a package, then those comps don’t make sense.Here’s how I’d push back:1️⃣ Clarify the legal structure – Since each unit has its own legal description and will be sold separately, they need to treat this like two single-family townhomes instead of a duplex.
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10 February 2025 | 10 replies
$1,500-$1,600 is about the going rate for a 2/2 in most average areas of BR, but I can see where some neighborhoods would get more.Another thing to think about - if the property is sitting vacant right now and you have ready and willing (and qualified) tenants, then the opportunity cost of waiting an extra month or two is $1,550/month.
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14 February 2025 | 4 replies
If potential guests can get a better feeling of the space, then mores the better.
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22 February 2025 | 9 replies
@Chani Walker can guarantee you can find someone cheaper, but then which services do you want to give up and which do you want to accept less service on?
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17 February 2025 | 5 replies
She then contacted all RV parks owners that had their parks listed for 9 months or more and had not sold, offering to purchase their parks for a certain amount and disclosing her intent to “flip” the contract.