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Results (10,000+)
Melanie Baldridge Did you know this about Gas Stations?
24 September 2024 | 0 replies
The tax advantages of buying/holding gas stations are pretty great.Many of the components of gas stations including pumps, tanks, external parking areas, and other equipment are classified as either 5 or 15 year property so you can bonus depreciate a lot of it (minus the land value) and get significant deductions in year 1.With the current bonus depreciation rate at 60%, a $1 million gas station acquisition could still lead to $100K+ in year 1 deductions depending on the specifics of your deal.
Logan M. Filling my parks spaces triple dipping, three steams of income
24 September 2024 | 6 replies
Lot Rent: And to top it off I filled the space that now pays me a lot fee which for a bonus quadruple dip increased the value of my community.As Investors and Entrepreneurs, we get paid to solve problems.
Patrick Shep End of year tax strategies?
25 September 2024 | 7 replies
You can use bonus deprecation to offset a significant chunk of your w2.
Josh Ennis Advice for Aspiring Spec Builder?
25 September 2024 | 6 replies
Have plenty of reserve cash saved up in case you need to bonus your trades to do your job next. 
Ayoka Moss Tax deductible? - tenants rented for a month while I started capital improvements -
23 September 2024 | 8 replies
This could allow you to take advantage of bonus depreciation, which can significantly accelerate the depreciation deductions in the year you place the property into service
James Khail Which SF Bay Area city has the best purchase price to rent ratio?
24 September 2024 | 4 replies
The landlord friendly laws are an added bonus.
Floris V. Midterm contract with construction company
24 September 2024 | 4 replies
As an added bonus, doing all of this well can often land you on the "vendor list" of a company, putting your contact number as the first call to make when placing the next crew passing through.I apologize for the long-winded reply as you probably know and understand all of this, but there might be a reader that doesn't. 
Cheng Chu Dallas Suburbs that still has price appreciation potential
23 September 2024 | 11 replies
Regional hospital in Denison, Two huge casinos in Oklahoma and a number of smaller ones, Four TI chip plants under construction, and they already have a plant there now, but not sure what it makes, Tyson foods factory (I think chicken), airport that I would think gets some cargo service (but no passenger service yet). 
Rene Hosman Poll: Have you invested in syndications before?
22 September 2024 | 2 replies
.• Bonus depreciation is winding down, as many of us know.
Matthew Samson Should I engage a CPA now or wait until we've built up a basic portfolio?
25 September 2024 | 17 replies
But if you do renovation after you move out of the primary residence, you might be able to take benefit of bonus depreciation or sec 179(if qualified).