Victor Lavigne
Cost Segregation Study for Airbnb
4 September 2024 | 11 replies
Finally, make sure that your short-term rental (STR) meets IRS requirements and doesn't get classified as long-term or this could prevent you from leveraging this tax strategy event though you are materially participating in property and it was placed in service.
Noah Bacon
Harris and Trump's Housing Plans from Last Night's Debate
13 September 2024 | 61 replies
Me personally will never vote for someone who prevented a peaceful transition because his ego could not take that he lost.
Roberto Westerband
First Lien HELOC Strategy
8 September 2024 | 168 replies
If I paid down 80% of the loan then obtained a 2nd position Heloc, is there anything to prevent me from paying off the 20% remainder on the first lien, then paying myself back the 80%, essentially leaving me with a first position Heloc?
Olga Daisel
Lease termination mid of the lease term
3 September 2024 | 6 replies
I typically find a new tenant before they leave, or shortly after their leave, which prevents me from any losses and puts more money in my pocket.
Virginia Lacy
CO Landlord - Can I use a SD to pay my spouse to repair damage to my units?
2 September 2024 | 4 replies
Hi Everyone, I am aware Colorado law prevents landlords from charging the tenant's security deposit for the time the landlord spends on repairs (though they can charge materials).
Michael Calvey
When Tenants Turn Hosts: A jaw-dropping story about tenants secretly Airbnb-ing
2 September 2024 | 5 replies
What precautions do you take to prevent unauthorized subletting?
Kyle Collette
Matt Motil Cleveland Private Money
6 September 2024 | 39 replies
I do not believe there are any Covid related moratoriums going on right now that would prevent the foreclosure of an investment property.
John S.
I just had 12x "discrimination" lawsuits/complaints filed against me...
7 September 2024 | 36 replies
Settlling is probably better off because if you argue you are operating this illegally then you're in for my problems.But here is the thing in terms of prevention and hindisght.
Julio Gonzalez
Cost Segregation on Office Building
29 August 2024 | 2 replies
After the cost segregation study was performed, this was the new asset allocation breakdown by useful life.Here are some examples of what types of assets are included in each of these asset classes.5 Year Useful LifeSpecialized equipmentCabinets and countersRefrigerators and microwavesSecurity alarm systems and telephone connectionsDecorative wall treatments, ceiling fans and flooring15 Year Useful LifeSidewalks, landscaping and asphalt pavingSignage and site lighting39 Year Useful LifeDoors, walls, roofing and windowsFlooring, drywall partitions and ceilingsEmergency lighting and restroom fixturesPlumbing, HVAC, and electrical distributionThe use of the accelerated depreciation strategy helps real estate investors to reduce the tax liability immediately which therefore increases their bottom line due to the offsetting of income.
Bruce Yi
Damages in excess of security deposit
31 August 2024 | 3 replies
You may never collect a dime, but at least it will sit on her credit and prevent her from taking advantage of others or qualify for a loan.4.