Dan Ashley
Brooklyn, NY – am I crazy to start here?
9 November 2024 | 23 replies
Your testimonial can be the most powerful evidence/message/value proposition.How much were you able to save monthly by househacking vs. renting or owning a single family property?
Lue Yang
Primary Residence Rules
4 November 2024 | 10 replies
You can still have an operating agreement that everyone agrees to and it will accomplish the same thing.One thing I forgot to mention is what I did with a business partner is we have 50/50 ownership, but one person has 51% decision power.
Sean Regan
Chimney Stack Demo - DIY or Outsource?
4 November 2024 | 9 replies
One is about 20 ft tall (11 ft above a 9 ft roof) and several feet from the main power line.
Eric Fernwood
Will the Election Result Impact the Housing Market?
5 November 2024 | 6 replies
In this post, I will explore the historical impact of the election results on the housing market, if any, and share my view of the current election impact.Historically, U.S. investors have seen similar annual stock market returns regardless of which political party is in power.
Alicia Kuluris
Partnership After All the Work is Done and Home is Making a profit
2 November 2024 | 22 replies
Power out?
Garrett Brown
This tiny home STR site makes the same as 5 Star Hotels.
2 November 2024 | 8 replies
His fast-response team and 24/7 guest support are crucial to smoothing over any bumps along the way, ensuring everything runs like a well-oiled machine.When we shifted to lessons learned, Ben couldn’t stress enough the power of social media.
Jacob Nevarez
First House Hack
5 November 2024 | 28 replies
A solid understanding of the rules can open up opportunities you didn’t even know existed.House hacking can be a powerful strategy to build wealth while covering your living expenses, and incorporating advanced strategies like 1031 exchanges can help you scale faster.
Sean Conroy
Inherited Property - Strategy Question
1 November 2024 | 9 replies
You have options and that equals power.
Melanie Baldridge
Understanding the IRS Section 179 Election
1 November 2024 | 0 replies
Examples of qualified improvement property include improvements made to the interior of nonresidential real property, such as HVAC systems or alarm and security systems.We refrain from making direct recommendations on Section 179 because we believe this decision is best made by the CPA, who completely understands the client’s overall tax situation.The decision to elect Section 179 is deeply tied to broader tax implications, including other deductions, income limitations, and future business planning.Your CPA has a holistic view of your finances and can help you make the right choice.TLDR:* Section 179 is a powerful tool for business owners and real estate investors, allowing immediate expensing of qualifying assets in the year they are placed in service.* Annual limits apply to how much can be expensed, with the 2024 cap set at $1,220,000, and investment limits that start to phase out when more than $3,050,000 of property is placed in service.* Not all property qualifies for Section 179.
Greg Todrank
MI Short-term Rental Association
31 October 2024 | 2 replies
Our local organizations do a lot - we have representatives meeting with council members, a professional PR firm to help change the narrative on STR's here on the islands, and we're working towards increasing our own lobbying power.