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17 October 2024 | 10 replies
Share articles or insights together to make it a collaborative effort.Additionally, if you're considering house hacking, this alignment becomes even more critical.
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16 October 2024 | 2 replies
Evacuation plans and emergency supplies are critical right now as the storm’s potential impact could be devastating.That is it for this month!
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15 October 2024 | 26 replies
@Max Bellino You seem eager to learn and I hope you accept this as constructive criticism.
16 October 2024 | 11 replies
This is where it's important to think critically.
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17 October 2024 | 4 replies
Different portions of land and building might be subject to different tax rates or legal considerations.Calculating land and building values for tax purposes is a critical step toward maximizing your available tax deductions from depreciation.
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15 October 2024 | 0 replies
Here’s an example of bonus depreciation.Here are some of the current trends that are highlighting the importance of a cost segregation study.Contract Logistics Expansion: Experiencing growth in contract logistic divisions leading to outsourced warehousing and distribution activities.Warehouse Technology Advancements: Integration of AI, robotics and IoT allows for operational efficiencies including reduced labor costs and improved safety.Warehouse Automation Growth: Significant growth signals a need for efficiencies and the adoption of new technology.Warehouse Space Expansion: There are ongoing developments in the warehouse space to help support the growing demand for infrastructure and warehouse space.Robotics and AI investments: There is a demand for faster throughput and immediate fulfillment which is causing investors to invest more into AI and robotics.Cost segregation becomes an even more critical tax strategy as there is an increase in investments in automation and technology as it frees up cash by creating additional tax savings.Some of the financial benefits that a warehouse investor can expect from a cost segregation study include:An increase in cash flow for automationImmediate tax savingsEnhanced warehouse property valueImproved warehouse ROI by reducing tax liabilities and increasing cash flow.There are many items that can be reclassified for accelerated depreciation through the use of a cost segregation study.
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16 October 2024 | 5 replies
Real estate can be unpredictable, so having a diversified portfolio can provide more stability.Key Lesson #4: Understand the True Costs of Ownership Another critical lesson was understanding the true costs associated with real estate ownership.
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19 October 2024 | 30 replies
But to me scale in that market is critical as well as living there and being hands on with your PM and maintenance .. trying to buy a few rentals there in mymind you need to buy highest price you can afford to make sure your in the best neighborhood and this goes for most all markets as @Nicholas L. mentioned I agree with him and have been preaching the median price points investing method since day one when I got on BP..
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15 October 2024 | 1 reply
Toward the end of the due diligence period we received the final piece of critical info to make our decision: a lease agreement for a cell tower on the corner of the property.
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17 October 2024 | 20 replies
Ok, I’m sure I’ll get a lot of blowback for writing this but why is there a growing belief amongst the BiggerPockets community that wholesalers are the gatekeepers to good real estate deals and critical to your overall success?