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17 January 2025 | 13 replies
I would also look at like kind properties that are listed and active in that area too.
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25 January 2025 | 18 replies
Is this post even active anymore, 7 years old?
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23 January 2025 | 14 replies
I’ve noticed that there hasn’t been much recent discussion or activity specific to the Gainesville, FL market, so I wanted to start a conversation!
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26 January 2025 | 3 replies
Changing Preferences for People’s Desire to Live in the Metro AreaThis is likely due to the newfound appreciation for these types of community and experiential activities from the inability to access them during the Pandemic, as well as the lack of need to be near transactional retail stores with consumers now being accustomed to doing a lot of their shopping online.
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22 January 2025 | 14 replies
Of course, if the snow is not getting shoveled, that’s not good and needs compliance correction activities by the PM.
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28 January 2025 | 7 replies
But as was mentioned above, you need expertise and experience.For the first 2-3 years of activity investing in real estate, I had to use my own money sources for down payments.
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23 January 2025 | 7 replies
For my account I pay $10 per quarter while the loan is active so only $40 a year to borrow this money.
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8 January 2025 | 5 replies
5k a I don’t mind if it takes a few years, and I’m willing to be as actively involved as needed to achieve my goals.
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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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29 January 2025 | 28 replies
just start generating leads and start talking to people and when you’re not doing that educate yourself also hire a mentor just basically get active..