Cherilyn Williams
3rd late payment in 5 months
6 November 2024 | 6 replies
If you end up serving them on the eviction, offer a bonus to the server to get it done in 24 hrs so it gets done pronto--best of luck
Orlando Glez-Jorge
Loan on uninsured investment property
4 November 2024 | 10 replies
Most of the time you'll be fine, but when something bad eventually happens (with enough exposure over time, you are virtually guaranteed to have something bad happen), the outcome is likely to be catastrophic.
Zac Kucharek
First House Hack Tax Planning
7 November 2024 | 7 replies
A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.
Vincent Antinore
Buying a duplex that has a third unit
3 November 2024 | 4 replies
Most people who buy 2+1 and think they can use the third and get busted on that, end up renting the bonus unit to the top or bottom unit as extra space, but that is a loss on what would be unit rent by more than half.
Brady Ascheman
Mid-term rentals (where to start)
5 November 2024 | 11 replies
You can charge higher rates than a traditional long-term lease, but ensure your pricing aligns with the demand in your area.Marketing: Platforms like Furnished Finder, Airbnb (for longer stays), and even Zillow can help you get exposure.
Harika Tumula
Your thoughts on buying a townhouse in Greenville, SC
4 November 2024 | 7 replies
It's more of a bonus when it ends up happening.
Greg O'Brien
Clearing Up Confusion on Tax Treatment of Short Term Rentals
1 November 2024 | 48 replies
Bonus depreciation was reduced to 80% this year instead of 100% which means it's still pretty good.
Becca F.
Do PALs from RE offset capital gains from stock dividends and another question
29 October 2024 | 12 replies
#2) Why is everyone I know buying STRs and doing accelerated and bonus depreciation?
Scott Meech
Determining Quality MTR
5 November 2024 | 34 replies
Indoor parking will surely be a bonus.
Maria Mora
Room NO Window Can I Rent as Office Space?
31 October 2024 | 6 replies
However, I would list it as a 2bed/2bath with a Bonus room.