John K Smith
Property Management Fees in Rochester, NY
21 January 2025 | 1 reply
Line Item Fee Collected Rents 10% of All Collected Rents New Tenant Search & Onboarding $500 Business Hour Service Calls $80/hour + Materials Cost + Tax After Hour Service Calls $110/hour + Materials Cost + Tax HVAC Cleaning & InspectionGutter CleaningSpring/Fall Exterior CleanupSeasonal Mowing & Weed TrimmingSeasonal Snow PlowingGeneral Contractor Vendor Cost + 10% Oversight Fee
Jonathan B.
STR Depreciation/Bonus Depreciation Question
24 January 2025 | 11 replies
@Jonathan B.Assuming you pass the "material participation" test for 2023 and did not use the property yourself (or used very little), you should be able to treat it as an STR for 2023, including bonus depreciation.
Landon Sheveland
Common Mistakes/ Beginner (Fix and Flip)
27 January 2025 | 10 replies
Also, you can't know how the cost of materials could fluctuate over your project time, so consider purchasing any materials upfront so you can stick to your budget.
Account Closed
Property Management Fees in Rochester, NY
19 January 2025 | 1 reply
Type Line Item Fee Fixed Fee Collected Rents 10% of All Collected Rents New Tenant Search & Onboarding $600 Variable Fees Business Hour Service Calls $90/hour + Materials Cost + Tax After Hour Service Calls $120/hour + Materials Cost + Tax 3rd Party Coordination HVAC Cleaning & InspectionGutter CleaningSpring/Fall Exterior CleanupSeasonal Mowing & Weed TrimmingSeasonal Snow PlowingGeneral Contractor Negotiated Vendor Cost + 10% Oversight Fee
Elizabeth L.
Has anyone had a successful tenant eviction in Union City NJ?
21 January 2025 | 6 replies
If you do not regularly file for evictions, you'd best retain an attorney.
John K Smith
Property Management Fees in Rochester, NY
19 January 2025 | 2 replies
Line Item Fee Collected Rents 10% of All Collected Rents New Tenant Search & Onboarding $500 Business Hour Service Calls $80/hour + Materials Cost + Tax After Hour Service Calls $110/hour + Materials Cost + Tax HVAC Cleaning & InspectionGutter CleaningSpring/Fall Exterior CleanupSeasonal Mowing & Weed TrimmingSeasonal Snow PlowingGeneral Contractor Vendor Cost + 10% Oversight Fee
Fetch Phoenix
Bought in a Fire Prone Area, should we sell and consider renting?
29 January 2025 | 3 replies
Your roof and exterior material?
Bruce D. Kowal
🏠 vs 📈 - A Fresh Look at Real Estate and Dividend Stocks
28 January 2025 | 0 replies
Similarly, quality dividend-paying companies often retain some earnings to reinvest in their business, increasing the company's (and your) value over time.
Alicia Howard
RV Depreciation for 2024 taxes
15 January 2025 | 5 replies
If the RV is not permanently affixed and retains mobility, it is considered personal property and depreciated over 5 years under the Modified Accelerated Cost Recovery System (MACRS).
Steven Diaz
New Construction suggestions for STR
23 January 2025 | 6 replies
Looking for suggestions on any specific building materials, fixtures, accessories, furniture, and tech for a STR.