Christopher C McCune
Reliable Contractors Southern Indiana
25 January 2025 | 0 replies
Anywhere from light cosmetic work to full gut jobs.
Kyler Tarr
Knob and tube wiring
24 January 2025 | 17 replies
In the one house that I still have some existing, it's only on an overhead light circuit with no insulation around it, and I minimize the load on the circuit by using only low voltage LED lights.
Leon G.
Getting out of the rental business after 10 years
10 January 2025 | 67 replies
One of them hired a landscape guy, well, the landscape guy never came so I was paying $140 per month for nothing for about 7 months.The other property manager didn't tell the tenants they were responsible to replace the ac filter, that bill was $1000 to replace the AC fan motor.I am really afraid of blowing off the money.
Heidi Xu
Diamond Bar Tennis Club community prestigious 2 bed 2 bath
25 January 2025 | 0 replies
The open floor plan and natural lighting make the space seam bright and airy while the community features like the tennis courts Pool and guard service will make you feel at home.
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.
Daniel Windingstad
Lemon or no?
24 January 2025 | 8 replies
A light bulb replacement, for instance, might be the responsibility of the tenant.
Beau Wollens
First time fix and flip opportunity in Stamford Connecticut - Total Gut Renovation
13 January 2025 | 11 replies
landscaping?
Daniel Segovia
Navigating the Current Real Estate Market: Strategies for Securing Financing in 2025
7 January 2025 | 1 reply
I’d also love to hear your predictions for how the real estate financing landscape might shift this year and how you plan to position yourself for success.
Puneet Mahi
Texas or Florida?
2 January 2025 | 10 replies
Trying to run a successful PMC is difficult but trying to run multiple companies - VR, Annual, cleaning, and landscaping is probably going to give you an aneurism.
Michael Shean
Rookie in Sacramento, CA looking to get started in 2025
20 January 2025 | 8 replies
A nice multi family property that you can do some light fixtures on sounds like a perfect strategy for you so you and your wife can have your own unit.