
19 February 2025 | 0 replies
We keep half the house for our use year round but rent the other half out all year long. 2024 tax year will be the first year we depreciate the asset.

24 February 2025 | 1 reply
Your notes of 3:30-7:00 and 7:00-10:00 seem like reference to how long you have to speak on the topic, and while its great for production purposes, it really isnt necessary to include in a post on a message board.

6 March 2025 | 18 replies
These features are for an MVP (Minimum Viable Product), with more capabilities in the works.Thank you so much and look forwarding to discussing!

23 February 2025 | 39 replies
We have several Business brokers in our area that specialize in selling businesses and their assets.

19 February 2025 | 13 replies
Many of these homes in the midwest can be old, and have deferred maintenance and the management of these assets (ie. handling Detroit winters) is often where the deal is made or missed.

20 February 2025 | 2 replies
Game changer for active investor looking to get more passive investments, busy professional looking to diversify in real estate, individual investor looking to get into commercial or larger assets.
25 February 2025 | 6 replies
These assets do appreciate, but in my opinion, not as fast as single family, detached houses with bigger lots.

4 March 2025 | 12 replies
High-end furniture, premium mattresses, and a full kitchen setup can increase costs, but prioritizing durability and guest comfort—such as a high-quality king bed, sturdy sofa, and reliable appliances—can enhance the guest experience and drive better reviews.From a tax perspective, furnishings and appliances are depreciable assets, but how you deduct them depends on cost and timing:Items under $2,500 per unit can be expensed immediately under the de minimis safe harbor election (timing of when placed in service may result in the need to capitalize).Larger purchases above $2,500 typically must be depreciated over 5 or 7 years using MACRS.Bonus depreciation (60% in 2024, 40% in 2025) allows accelerated write-offs for qualifying property, including furniture and appliances.Section 179 may allow immediate deductions for certain furnishings, but eligibility depends on taxable income.Since you plan to materially participate in 2025, STR losses may offset W-2 or other active income.

26 February 2025 | 4 replies
If their underwriting doesn’t match how the market treats these properties, then they’re using the wrong framework.If they won’t budge, see if they’d accept an appraisal from someone with experience in townhome valuations instead of treating this like a multifamily asset.

19 February 2025 | 4 replies
Though I am unsure how I would amortize the up front remodeling costs for P&L, tax accounting.2) Interest only loans term loans - Would allow current owner to have cash flow on the property, without eroding the asset value.