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18 February 2025 | 4 replies
Buy a few things on credit that you would just usually pay cash for.I personally would not rush into a Heloc or such.
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6 February 2025 | 5 replies
Recapture typically happens only when you sell the property.If you use the property partly for personal use and partly as a rental in a given year, depreciation and other expenses must be prorated based on the number of days it was rented versus personal useBased on the current tax laws and regulations, once you've taken bonus depreciation on an asset, you cannot "capture" additional bonus depreciation on that same asset in future years, even if the rates increase.In the 2024 tax year, the rate for bonus depreciation is 60%.
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7 February 2025 | 7 replies
Meaning they went into a standalone bank account (not mixed with your other personal funds).
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22 January 2025 | 2 replies
. - Performance expectations.
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12 February 2025 | 4 replies
Just keep in mind that there are further steps you'll want to keep to minimize the possibility that your entity is ignored for this kind of personal liability (say, if you were the person who didn't properly clear snow, or if your finances and the LLC's are comingled).And I agree with @Chris Seveney, insurance may provide adequate protection based on what's available to you.
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12 February 2025 | 8 replies
My wife and I plan to purchase a few properties ourselves, but with the lead generation strategies I’ll be implementing, I expect to come across more deals than we can personally handle.That’s where you come in!
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14 February 2025 | 5 replies
This strategy has worked well for me personally.
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12 February 2025 | 3 replies
I would be very interested in the person’s contact information that does Pad split in this geographical area. :)
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24 January 2025 | 0 replies
With its robust legal framework, consistent economic performance, and favorable interest rates, Germany stands out as a top investment destination for foreigners.