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3 October 2024 | 6 replies
I bought mine because it was cool and cheap, the in garage deliveries were just a bonus.
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3 October 2024 | 1 reply
Do a cost seg study and take bonus depreciation to offset other income.
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2 October 2024 | 9 replies
Lots of bonus depreciation opportunity.
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3 October 2024 | 7 replies
Bonus question: what kind of impact does this have on my taxes and how do I file this?
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2 October 2024 | 8 replies
I see a number of economic development and community vitality initiatives initiated circa 2020, including a community master plan, the development of the MetroHealth complex and associated green space, the Community Housing Plan 2030, 25Connects, Mayor Frank Jackson's Neighborhood Transformation Initiative, and others.
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30 September 2024 | 11 replies
Bonus depreciate it at 60% minus 25% for the land.
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30 September 2024 | 9 replies
With the current 80% bonus depreciation, it translates into a $40k deduction and $10k in tax savings, give or take.
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1 October 2024 | 12 replies
Bonus if the property has a rent roll showing steady income over the last 6-12 months.
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2 October 2024 | 4 replies
* A bonus play would be purchasing a small commercial property with at least a 25 space lot in the aforementioned areas; the idea is to convert the lot into paid parking to increase value.
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24 September 2024 | 0 replies
We invested $55,000 in renovations, transforming the property into a highly desirable home.