Noah Laker
Opening a Sober Living Facility
15 January 2025 | 4 replies
As long as there is no "healthcare" being provided (medicine, baths, etc) then it's not regulated by the department of health.
AJ Wong
Property Insurance crisis will supercharge climate migration in 2025 and beyond
11 January 2025 | 2 replies
Fortunately for our 100+ house community, the fire department was already on site battling the brush fire and about a dozen fire fighters frantically extinguished the 4 or 5 roofs burning.This is insignificant compared to what has happened in LA, Palisades, Malibu and Altadena however having lived through Hurricane Andrew and many other major storms even this experience was drastically more terrifying and chaotic.
Sergio P Ramos
Would you purposely burn down a property? Crazy? Or not possible?
27 December 2024 | 21 replies
As i was driving through the neighborhood scoping the area out i noticed a new shiny fire department.
Laurence K.
Police Bodycam footage
10 January 2025 | 5 replies
Often times police departments have policies in place REQUIRING officers to activate body cameras when interacting with the public.
Jamie Parker
Vacant Lot Purchase
8 January 2025 | 7 replies
The city wants to have "Neighborhood Anchors Points" consisting of Mixed-Use and Retail/commercialVisual of all land bank properties The area I will focus in.A break down of cost to purchase all Land Bank properties on each street.
John McKee
Don't forget to file your BOI Reports by the end of the year
27 December 2024 | 6 replies
However, because the Department of the Treasury recognizes that reporting companies may need additional time to comply given the period when the preliminary injunction had been in effect, we have extended the reporting deadline as follows:Reporting companies that were created or registered prior to January 1, 2024 have until January 13, 2025 to file their initial beneficial ownership information reports with FinCEN.
James Sills
Where to start
15 January 2025 | 3 replies
Leverage your existing equity to invest in smaller properties, such as a mixed-use or retail space, to gain experience and cash flow.
Nicholas Haubner
4-family to 5-family with owner occupied unit
4 January 2025 | 5 replies
@Nicholas Haubner Contact Montvale's tax assessor and building department to see it is currently classified.
Kyle Cross
Is investing with family inheritance a good idea?
6 January 2025 | 8 replies
I have been working the last 6 months as a commercial real estate agent focusing on retail investment sales in Los Angeles.
Melanie Baldridge
What is MACRS classification?
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.