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2 October 2024 | 25 replies
There has been a run on gas and food, and schools are closed for the week.
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1 October 2024 | 5 replies
Also there isn't as much appreciation in the area, it takes longer to evict (MUCH longer), and they have lien-able water and gas - so if someone skips out on the bill, it's on me as the property owner.My point is, high taxes are just one consideration but not an end all be all.
2 October 2024 | 10 replies
FEMA rental Assistance covers the cost of monthly rent and essential utilities, gas, electric, water, trash, and sewer.
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3 October 2024 | 0 replies
Prices for staples are down a bit from their high and their inflation has slowed considerably, particularly in gas and many groceries.
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3 October 2024 | 15 replies
Tax Liens, Notes, Short Term rentals, single family long term rentals, commercial, mobile homes, oil and gas?
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26 September 2024 | 4 replies
I recently received a letter from People's Gas regarding a Landlord Reversion Agreement.
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30 September 2024 | 21 replies
I have been invested in oil and gas mineral rights making double digit returns hassle free.
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3 October 2024 | 23 replies
We pay a percentage to our brokerages, have marketing and education expenses, and are self employed so we pay for our health insurance, gas, etc.
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30 September 2024 | 16 replies
I would be reluctant if it were a gas station or other environmentally challenged property though).
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24 September 2024 | 0 replies
The tax advantages of buying/holding gas stations are pretty great.Many of the components of gas stations including pumps, tanks, external parking areas, and other equipment are classified as either 5 or 15 year property so you can bonus depreciate a lot of it (minus the land value) and get significant deductions in year 1.With the current bonus depreciation rate at 60%, a $1 million gas station acquisition could still lead to $100K+ in year 1 deductions depending on the specifics of your deal.