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7 November 2024 | 0 replies
This work transformed the property into a prime development-ready lot in a rapidly growing area of Charlotte, significantly increasing its potential for RI and MV.
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7 November 2024 | 0 replies
Additionally, I initiated a transformative build-out of the lower level to include the third location of Arbol Eatery, a wellness and fitness center, and an event space.
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7 November 2024 | 0 replies
Additionally, I initiated a transformative build-out of the lower level to include the third location of Arbol Eatery, a wellness and fitness center, and an event space.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2027481/small_1643036838-avatar-mitchellc60.jpg?twic=v1/output=image&v=2)
7 November 2024 | 0 replies
Additionally, I initiated a transformative build-out of the lower level to include the third location of Arbol Eatery, a wellness and fitness center, and an event space.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2027481/small_1643036838-avatar-mitchellc60.jpg?twic=v1/output=image&v=2)
7 November 2024 | 0 replies
Additionally, I initiated a transformative build-out of the lower level to include the third location of Arbol Eatery, a wellness and fitness center, and an event space.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3119902/small_1726512403-avatar-recostseg.jpg?twic=v1/output=image&v=2)
6 November 2024 | 0 replies
The #1 way real estate investors defer taxes to later dates is with a system called depreciation and bonus depreciation.Depreciation is the act of slowly, over time, deducting the initial expense of an asset against your taxable income.Generally over a 27.5 (residential) or 39 (commercial) yr time frame.So each year you can write off a few percent of the purchase price against your income.
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6 November 2024 | 8 replies
If it isn’t a “bonus” situation listed below I wouldn’t do it as a seller, even for 12%.
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8 November 2024 | 38 replies
If you are not a real estate professional and bonus depreciation is limited to 40% starting Jan 1, the tax benefits are going to be pretty minimal unless I am missing something.
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8 November 2024 | 10 replies
I also get the added bonus of a bunch of travel points haha Is it possible to get this loan for an investment property?
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4 November 2024 | 3 replies
Speaking of evolving perspectives, what I considered a "big deal" has gone through a serious transformation.