Julie Muse
Meadowbrook Drive Transformation: Partner Driven's Success in Huntsville, AL!
27 November 2024 | 2 replies
Our team transformed the property by investing $35,000 in targeted renovations, focusing on modernizing its appearance and improving functionality.
Mike Sather
Do You Provide TV Options?
9 December 2024 | 14 replies
If you want to go the extra mile, adding something like Netflix or Disney+ is a nice bonus, especially for families or higher-end guests, but it’s not a must.Cable TV?
Nathan M kiefer
400k bonus - tax mitigation
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.
Andrew Steffens
Credit Card Points Hacking
6 December 2024 | 36 replies
I've also bought over 20 round-trip flights with points in the last 6-7 years.Most programs teach how to sign up for new cards and earn the bonus points.
Chris Yeung
Investing in Norada Funding's notes
19 December 2024 | 55 replies
There are also bonus rates for larger investments.
Dan H.
Underwriting STR - Looks promising but deeper evaluation shows poor return
15 December 2024 | 13 replies
Bonus I found a co-host with a presence in the area that would co-host it for 15%.
Melanie Baldridge
Power of Bonus Dep.
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.
Justin Woods
Cost Segregation - Bonus Depreciation on House Hack
26 November 2024 | 13 replies
. :) You can't utilize bonus depreciation on anything <50% business use.
Justin Wren
Renatus?
8 December 2024 | 21 replies
There is no limit, they do monthly/yearly bonuses and pretty much they make it able to make money to invest in real estate.
David To
California call for class action lawsuit on Eviction Moratorium
14 January 2025 | 329 replies
The Unemployment bonus runs out at the end of July.