Siddharth Patel
Potential Bed and Breakfast | Ways to evaluate the deal!
13 September 2024 | 12 replies
You can usually use bonus depreciation against the asset assuming it will follow the short term rental loophole rules of 7 days or less average stays.
Rami Khaldi
Private Money Lending Terms
11 September 2024 | 3 replies
., 5%) and offer a lump-sum bonus (e.g., 3-5%) at project completion.
Sean O'Keefe
Senate Blocked Tax Bill With 100% Bonus Depreciation
6 September 2024 | 13 replies
So my brief side note is only added because Sean's post could be misinterpreted.It's not like the Senate had a problem with bonus depreciation.
John T Shoemake
Ya gotta start somewhere...
10 September 2024 | 2 replies
My employer offered a 25% pay increase, a relocation bonus of $5000(pre-tax), and a guaranteed pay for 40hrs/week.
Noelle Mastelotto
Moving to a New (Midwest) Market
12 September 2024 | 23 replies
One that has strict STR permitting with exceptions for owner occupants would be a bonus.
Alfredo Cardenas
Total Rental Properties Losses
12 September 2024 | 10 replies
BUT, I can do a cost seg and bonus depreciation on the 3 remaining rental in 2024 to use those losses to offset my W-2 via REPS.
Julio Gonzalez
Warehouse Cost Segregation Example
9 September 2024 | 0 replies
The study identifies with forensic engineering detail the immediate Bonus Depreciation 5, 7 and 15-year personal property class lives qualifying portions of a building that are normally buried in 27.5 year residential or 39 year commercial categories.The Cost Segregation Study was performed on the Asset Depreciation Range (ADR) and is based on a 40% tax bracket for State and Federal Taxes.
Bobby Valcin
Cobb County GA basement rental
12 September 2024 | 28 replies
I've not looked at what I could get for rent ahead of time, like you have, but it's a large apartment with 1 bedroom, 2 other rooms (office plus bonus room, etc) plus a brand new open concept kitchen, with its own separate entrance and garage access.
Dat Chung
How Many Rentals to Net $400,000/month
11 September 2024 | 20 replies
Bonus checks like that sure, but that's when tapping some of the equity accruals.
Andrew C.
what do you use to track FixedAssets for depreciation/amortization?
9 September 2024 | 12 replies
bonus points if it somehow links to quickbooks so it's easier to keep them aligned.Alternative question: CPAs - what tools/formats do you prefer your clients to use to give you the information needed, so you can calculate their depreciation?