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25 January 2025 | 24 replies
And all those skills you going to have to learn and master in UK to get a property under control, operate it, market it, monetize, operate etc., ALL 100% translates to anything and everything you will do when back in US.
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10 January 2025 | 0 replies
When it comes to real estate, here's a general list of eligible assets and their depreciable lifespans that you should know: Residential Rental Property = 27.5 yearsThis includes any building or structure where 80% or more of its gross rental income is from residential units.That means:- Apartment buildings- Single-family rental homes- Duplexes, triplexes, and quadplexes- Mobile homes (used for residential rental)- Any kind of residential lodging facility where the primary purpose is long-term rentalCommercial Property = 39 yearsThis includes non-residential properties like:-Office buildings-Retail stores and shopping centers-Warehouses-Industrial complexes-Hotels and motels that do not qualify as residential rental propertyLand Improvements = 15 yearsThese include sidewalks, roads, fencing, some landscaping, and parking lots that are separate from the building.Personal Property = 5 or 7 yearsPersonal property used in a rental activity usually has a 5 or 7-year life.This includes most furniture, appliances, carpeting and various machinery.Qualified Improvement Property (QIP) = 15 yearsGenerally, this includes any improvements made to the interior of a non-residential building after the building was placed in service, excluding elevators, enlargements, and the internal structural framework.Computers and Related Peripheral Equipment = 5 yearsVehicles = 5 yearsNote that the land itself is not depreciable.
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4 February 2025 | 2 replies
At the time we received an offer from a reputable short term drug and alcohol rehab facility who operates out of SFHs in LA to rent the entire property at above market rates.
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30 January 2025 | 6 replies
Because we are vertically integrated, we can streamline operations and avoid many unnecessary costs, ultimately saving our clients money.Another crucial factor to consider is the experience and investment mindset of your PM team.
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16 January 2025 | 11 replies
If you are a STR operator how do you deal with remitting and paying tax?
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3 February 2025 | 8 replies
Beyond that, will you operate as a partnership?
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30 January 2025 | 11 replies
My goal is to leverage equity through private money lending (PML) partnerships while building valuable relationships within the local investment community.How I Can Add Value:With 6+ years of experience running various businesses, I can offer high-level and detailed technical insights to help visualize and automate your operations effectively.For example, I’ve developed a dashboard that tracks company expansions across the greater Phoenix area in real time.
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21 January 2025 | 31 replies
I operate out of Nevada so have known of Anderson for many years.
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27 January 2025 | 33 replies
There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.
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6 February 2025 | 10 replies
Until about a couple months later, i opened my eyes a little bit more and the entire operation was sketchy.