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9 January 2025 | 5 replies
There are several companies that send letters and some are active on Bigger Pockets.However, I would caution you to set expectations appropriately.1.
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29 January 2025 | 24 replies
Additionally, you could also check with your insurance provider to confirm there's no active risk and provide that documentation to the lender as reassurance.
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22 January 2025 | 203 replies
And then your only 10 minutes from Lake Davis which is a high mountain stunning lake for all boating activities and great trout fishing.
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15 January 2025 | 9 replies
I’m looking to raise $160,000 to cover the purchase, renovation, and activation of this new Airbnb property.
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23 January 2025 | 165 replies
Now do i think human activities can have impact on this, 100%.
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13 January 2025 | 5 replies
The marketing copy and photo captions, professional photos, and weekly activity on the OTA listing, makes a big difference in bookings.
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20 January 2025 | 7 replies
A vacation rental could generate higher returns but requires more active management.
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12 January 2025 | 5 replies
I currently have sold a few residential homes in my time as a realtor, but I'm more-so looking to become an active real estate investor and agent.
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10 January 2025 | 0 replies
When it comes to real estate, here's a general list of eligible assets and their depreciable lifespans that you should know: Residential Rental Property = 27.5 yearsThis includes any building or structure where 80% or more of its gross rental income is from residential units.That means:- Apartment buildings- Single-family rental homes- Duplexes, triplexes, and quadplexes- Mobile homes (used for residential rental)- Any kind of residential lodging facility where the primary purpose is long-term rentalCommercial Property = 39 yearsThis includes non-residential properties like:-Office buildings-Retail stores and shopping centers-Warehouses-Industrial complexes-Hotels and motels that do not qualify as residential rental propertyLand Improvements = 15 yearsThese include sidewalks, roads, fencing, some landscaping, and parking lots that are separate from the building.Personal Property = 5 or 7 yearsPersonal property used in a rental activity usually has a 5 or 7-year life.This includes most furniture, appliances, carpeting and various machinery.Qualified Improvement Property (QIP) = 15 yearsGenerally, this includes any improvements made to the interior of a non-residential building after the building was placed in service, excluding elevators, enlargements, and the internal structural framework.Computers and Related Peripheral Equipment = 5 yearsVehicles = 5 yearsNote that the land itself is not depreciable.
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14 January 2025 | 1 reply
While my husband and his ex make a similar income and do not exchange child support due to us pointing that out in court a couple of years ago, she actively request all financial documents that she possibly can and examines our taxes, etc.