Jason Proulx
Should i keep house or rent it in 2025
23 January 2025 | 6 replies
And not to mention no stock matches the dividend rate one can get in real estate with such low risk/volatility. 20yrs ownership, oh-yeah, cash-flow on renting it would be HUGE now so it's easily comparable to a 20%+ monthly dividend, if not more.
Franklin Marquette
ADU Valuation | LA County
23 January 2025 | 6 replies
The more common one is a flat value for the ADU, like they would for a pool or another bonus.
Remy Piazza
Is anyone working with or has worked with Wicked Smart REI Coaching program?
20 January 2025 | 6 replies
They will match effort for effort jumping on seller calls and helping you close deals, walk you through contracts, make connections to attorneys, etc.
Jim Stanley
Anyone invest with a hard money lender (lend to them to get interest)?
25 January 2025 | 5 replies
If the answers match, you’re probably in good hands.
Melanie Baldridge
Bonus depreciation ?
16 December 2024 | 0 replies
Bonus depreciation is just a special part of the US tax code.It allows you to take accelerated depreciation on portions of your property depending on when an asset is put into service.At the time of this writing, you can write off a huge portion (60% in 2024) of many qualified components that have a useful lifespan of 15 years or less.That means a certain percentage of things like landscaping, sidewalks, latches, appliances, fences, certain flooring, etc is depreciable in year 1.The bonus depreciation rate percentage changes yearly depending on the administration and the tax code.For years 2015 through 2017 first-year depreciation for all the items on a 15-year schedule or less was set to 50%.It was scheduled to go down to 40% in 2018 and 30% in 2019 and then 0% in 2020.But then Trump got elected, and he enacted the Tax Cuts and Jobs Act.That moved the bonus depreciation percentage to 100% from 2017 to 2022.In 2023 it went down to 80% and it’s currently at 60%.Depending on who gets elected again, 100% may be back on the table.Only time will tell.We know that the US government wants to incentivize more development and ownership of RE.They want Americans to continue to build and maintain our physical world.That’s why real estate is one of the most tax-advantaged assets in the US.Depreciation and bonus depreciation for RE are very positive and will likely continue in the years ahead.
John ONeill
What Makes a Contractor Truly Great? Let’s Chat!
18 January 2025 | 2 replies
You get what you pay for, and a great contractor makes sure the value matches the price.6.
Marc Shin
Should I be providing my guests with free Netflix?
23 January 2025 | 11 replies
Hey Marc - Offering free Netflix can be a nice bonus for guests and make your property more appealing, especially for longer stays.
Pilla John
Curious Question for Fellow Owners!
19 January 2025 | 1 reply
I’m asking because finding the right match has been a bit of a journey!
Bruce Rasquinha
SDIRA's as investing tools
23 January 2025 | 5 replies
Bonus if you do any of this in a Roth account.
Todd David Crouch
Self Employed or W2??
12 January 2025 | 4 replies
Bonus, Overtime, and Commission income all typically need a 2 year average either at the same job or in the same line of work.