Julio Gonzalez
Asset Classifications for Cost Segregation
7 January 2025 | 6 replies
Window AC units can indeed be treated as tangible personal property with a 5-yr life and be bonus-depreciated or deducted under Section 179.
Stephanie Medina
How to leverage 401k accounts
27 December 2024 | 3 replies
Treating loan repayments like a non-negotiable expense while reinvesting property cash flow back into building equity.
Phillip Austin
Nightmare Tenant - This is why you need a property manager!
24 December 2024 | 7 replies
Upon move-in, appliances, cabinets, floors and walls all had built-up grime and residue from your habitation of the home.Infestation of bugs, pests and rodents-There was no attempt to treat the house for pests, as evidenced by the more than 15 spiders we have already seen in the basement, and the live, active wasp nest in the patio fence.Floors, stairways and railings in poor condition-The carpets are stained and smelly.
Tar-U-Way Bright
How could I use my LLC
24 December 2024 | 14 replies
I'm more so wondering what makes the most sense as I do want to treat my investing journey as a business.Thank you in advance for your advice!
Shakthi Kamal
Is a min of 2% rent to price ratio needed for positive cashflow in today's market?
6 January 2025 | 2 replies
(I'm not including expected appreciation in my ROI numbers, I'm just treating that as a bonus).
Jorge Abreu
📉Lowering Expenses and Increasing Efficiency
28 December 2024 | 1 reply
That’s a Cardone-level play—treat asset management as the CEO of your investment.
Deirdre Lizio
Should you pick a property manager based on price or service?
14 January 2025 | 20 replies
Sadly, many people treat them like a commodity.
Chris Summons
Contracts for Sub Contractors to Sign
14 January 2025 | 4 replies
NET 30), etc. and you can use this project-specific agreement as an addendum for individual jobs.Final Tip: Treat the contract as a transparent, collaborative tool to set expectations, not as a "gotcha" document.
John Underwood
No tax on Tips for Rental Income
31 December 2024 | 12 replies
Probably not, but I'd see what my CPA and attorneys have to say.Be a pain having tenants pay you twice too.Also, passive income is already treated pretty favorably after deductions such as depreciation.
Troy Parker
Renting your first rental to a friend
11 January 2025 | 8 replies
Don’t do any favors, this is your business, so treat it like a business.