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3 October 2024 | 9 replies
be careful of those offering to do these deals and wanting commitment money up front 95% of those will be fakes and will just steal your money.. you have to realize that gap funding behind HML is by far the most risky loan anyone can make in real estate .. so u may not have many if any takers on this unless your offering a big equity upside bonus and more of a partnership.
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3 October 2024 | 6 replies
I bought mine because it was cool and cheap, the in garage deliveries were just a bonus.
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3 October 2024 | 1 reply
Do a cost seg study and take bonus depreciation to offset other income.
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2 October 2024 | 9 replies
Lots of bonus depreciation opportunity.
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3 October 2024 | 7 replies
Bonus question: what kind of impact does this have on my taxes and how do I file this?
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30 September 2024 | 11 replies
Bonus depreciate it at 60% minus 25% for the land.
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30 September 2024 | 9 replies
With the current 80% bonus depreciation, it translates into a $40k deduction and $10k in tax savings, give or take.
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1 October 2024 | 12 replies
Bonus if the property has a rent roll showing steady income over the last 6-12 months.
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2 October 2024 | 4 replies
* A bonus play would be purchasing a small commercial property with at least a 25 space lot in the aforementioned areas; the idea is to convert the lot into paid parking to increase value.
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1 October 2024 | 8 replies
We didn't get much traction with Roomster and Kopa as by-the-room platforms, and we are a smaller market without a Padsplit presence.There are a lot of work crews passing through our neck of the woods, so the private rooms are appreciated as a bonus.