Brian Schmelzlen
2018 Tax Law Impact on 1031 Exchanges/Cost Segregation
22 June 2018 | 13 replies
The new tax law made it so that the gain on the sale of personal property can no longer be deferred through a 1031 exchange (1031s can now only be used for real property).Likewise, the new tax law made cost segregation studies far more valuable in the short-term by increasing bonus depreciation from 50% to 100% on property with a useful life of less than 20 years.However, in essence what cost segregation studies do is transform a portion of real property into personal property.
Alex Applebee
My first flip at 26, a woman, ZERO construction skills.
29 July 2016 | 337 replies
That's a fantastic transformation!
George Red
Thoughts on 2 properties (East Meyer/ Lykins)
29 December 2023 | 10 replies
There are pockets of East Meyer that are really transforming!
Brianna Johnson
Real investing questions
27 July 2023 | 5 replies
I love transforming kitchens into modern functioning ones.
Anissa Allen
New Investor !!! Looking for HOT market !
3 August 2023 | 33 replies
Intel is a great example, who is building the largest chip manufacturing plant in the US right here, and it will be a $20 billion dollar investment that brings a few new thousand jobs.https://www.dispatch.com/story/business/2022/01/21/intel-ohio-building-computer-chip-factories-licking-county-jersey-township/9173472002/ Another example of economic growth is the upcoming Ohio State University Wexner Medical Center Inpatient Hospital which is a 1.9million square foot hospital that will bring over 800 new beds and a thousand new jobs. https://abc6onyourside.com/news/local/new-osu-hospital-expected-to-transform-health-careHere are a few more recent investments https://www.10tv.com/article/money/business/hydrogen-power-company-hyperion-bringing-700-jobs-to-columbus/530-25907aab-5517-4661-a9f3-d2ed2d5be6b0 https://news.wosu.org/news/2022-02-08/rumpke-to-build-50-million-recycling-facility-in-columbus Check out The Complete Guide to the Columbus, Ohio Real Estate Market which goes through the Columbus, Ohio market in depth and will give you a better scope of where the highest levels of growth are taking place and where to look to invest.
Eric DeVito
Which of these area is best for newbie to invest in?
17 June 2015 | 11 replies
It has and is still going through a lot of transformation.
Bill Welker
Naming your company...what's yours and why?
17 February 2014 | 30 replies
Our LLC is Parlay Investments, LLC - "Parlay": definition: to increase or otherwise transform into something of much greater value.2.
Christina R.
Does land zoned commerical/residential add value?
8 May 2015 | 8 replies
My initial thoughts were to remodel and rent as a SFH with the knowledge that converting it to office space for a business might not take much, if any transformation.
Adam Haman
"Retiring" at 33. Too early?
11 March 2016 | 69 replies
That was really a transformative process when I went from serving other clients for a commission to being my own best client and actually taking properties down myself.
Wendell De Guzman
I Am Thankful for Biggerpockets Because...
5 June 2015 | 83 replies
BP has transformed the entire industry.