John Rivera
What are your pressing issues when flipping? Replacing labor and project management..
4 November 2024 | 2 replies
I managed it with spreadsheets and notepad on my phone only and used no accounting software the most part.Would you guys find more use in a service that replaces hands quickly or just having an app on your phone and computer to manage your flip projects that's visually appealing and easy to scale with?
Felicia Jenkins
House rent or not outside Atlanta
5 November 2024 | 14 replies
Use softwares like AirDNA and Pricelabs to get an estimate of what you could be making and see if it's worth it.
Paula Impala
Norada Capital Management suspending payments
31 December 2024 | 418 replies
Not sure how good is that business as my son had made that software in couple weeks to sell School/college tickets online.
Steve Holt
Is BongoStays legit?
12 November 2024 | 47 replies
Curious if there are software options for managing both types of rentals.
Angela P.
Flock Homes - 721 Exchange
6 November 2024 | 26 replies
This is similar to other DST that work with CRE assets.Meanwhile, your equity appreciation (or losing) is entirely determined by each house valuation using software --which is objective -- minus 1% "annual management fee".
Ricky Nunez
Tips to Finding Distressed Properties: Help a Rookie Out
8 November 2024 | 12 replies
They devise all sorts of systems or software like "propstream" and they sell you on the idea that it "works based on data".Tell me this.How come you still need to send 3000 - 5000 mailers calls or texts to the "motivated seller leads" probstream is giving you to get ONE louse deal?
Quin Ortiz
Landlords/PMS, what makes a good Property management software?
27 October 2024 | 1 reply
Im a college student currently working on my capstone project where Im aiming to build a property management software.
Yehuda Spiewac
STR Co-listing - Tips
5 November 2024 | 5 replies
Other things to consider include software and accounting costs.
Melanie Baldridge
Understanding the IRS Section 179 Election
1 November 2024 | 0 replies
Section 179 of the Internal Revenue Code allows businesses to deduct the full purchase price of qualifying equipment and software up to an annual limit.In 2024, for example, taxpayers can expense up to $1,220,000 of qualified assets.This election can apply to many types of tangible personal property, such as machinery, equipment, and off-the-shelf software, which are used predominantly in your business.Limits on Section 179 ExpensingAs attractive as Section 179 may seem, there are limits.For tax year 2024, the maximum investment limit is set at $3,050,000.If your business places more than this amount in service, the amount you can expense is reduced dollar-for-dollar over this threshold.In addition to the dollar and investment limits, the amount of your Section 179 deduction cannot exceed your taxable business income for the year.This means that even if your business invests heavily in qualified property, the deduction could be limited by the business’s profitability.Also, not all property qualifies for Section 179.Real property, like buildings and structural components, generally does not qualify unless it is "qualified improvement property."
Matthew Kanakidis
PM software but for sales?
25 October 2024 | 2 replies
Hey everyone,I'm creating a PM software but for leasing.