Farming is not known for being an industry that produces much wealth.

., rent it out, use it temporarily), you can begin depreciation on the structure.Later, when you demolish the buildings, you would write off the remaining undepreciated basis as a loss—but only if the property was used in a business or income-producing activity before demo.If you demo right away without placing it in service, you lose depreciation benefits and must capitalize the demolition costs into the basis of the new development.So, waiting until 2026 to demolish may allow you to claim depreciation in 2025 and potentially deduct the remaining basis upon demo.

We were able to produce our 2nd win in this very challenging market.

Our best suggestions for hiring cleaners are...(1) Find and hire experienced turnover cleaners with a verifiable history of consistently producing 5-star reviews for cleanliness (the only part of the review they can affect).(2)  Ask for referrals and call them. 

Since minerals are deeded real property, they qualify as “like-kind.”That opens up a different lane for investors  who are tired of managing their properties and for any agents that are up against the 1031 clock, you could roll your investment into producing mineral interests.This could lead to diversification in your portfolio, a hedge in inflation, and a truly passive investment.Has anyone here actually done a 1031 into something other than real estate (like farmland, minerals, etc.)?

But here's a tiny bit about me for context. 

If that same person comes back to us after not accepting a quote and wants a second quote, we bill a high number up front for producing a quote.You are up against contractors that already have a full pipeline of high value work, and do not need to take on high risk clients, who may or may not be able to pay, and may or may not know what they are doing.  

Those that use it seem to like it and - as a CPA - I like the reports it produces. 

Sure it will produce more unqualified people but is that what you really want? 

📅 Coming Up This Week• Producer Price Index (Wednesday)• Consumer Price Index + Jobless Claims (Thursday)Rates are already moving!