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23 February 2025 | 14 replies
Perhaps I should start a "guru" business...lol.
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9 February 2025 | 12 replies
And technology aside, this business hasn't changed much in the last 20 years.
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12 February 2025 | 9 replies
I was wondering how people managed to scale their businesses faster.
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24 February 2025 | 8 replies
This means that when you sell the property, your adjusted tax basis is lower, which increases the capital gain you must recognize.Additionally, any accelerated depreciation taken is subject to depreciation recapture at a higher tax rate (up to 25% for real estate assets) rather than being taxed as long-term capital gains.So, while cost segregation provides significant upfront tax savings, it also increases your capital gains tax liability upon sale unless you use a 1031 exchange or other tax-deferral strategies.You can find your current tax basis by reviewing your depreciation schedule (Form 4562) and prior years’ tax returns, specifically looking at your adjusted basis on Form 4797 (for sales of business property) or Schedule D (for capital gains and losses).Your CPA should be consulted prior to making any decisions.
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23 February 2025 | 9 replies
Vacancy is a normal part of the business.
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6 February 2025 | 0 replies
This will help attract more business to the state, keep it coming!
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19 February 2025 | 11 replies
Thanks Ryan, now that I’m out of my busy season for work I would def love to attend.
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3 February 2025 | 0 replies
Hello BP,The Producer Price Index (PPI) is a valuable metric to monitor, as it measures inflation from a business perspective (what businesses pay for services/goods) that isn't always reflected in the Consumer Price Index (CPI) or "inflation" which is commonly discussed in headlines and among other investors.
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14 February 2025 | 8 replies
Quote from @Palak Patel: Hi everyone,I am new to the rental business and just purchased my first rental property.
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22 February 2025 | 5 replies
I was able to rent the garage to a seasoned electrician running his business through there only coming in and out to stock his truck once per day.I hope to be able to convert the second floor into an ADU as soon as Feb 2nd rolls around.