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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.
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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.
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30 August 2024 | 5 replies
Biggest issue is high cost property in my area that’s preventing me from getting started.
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31 August 2024 | 27 replies
Majority of communities (both SFH and condos) have HOA's which prevent it.
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30 August 2024 | 7 replies
This will hopefully prevent the problem from recurring.
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30 August 2024 | 29 replies
A New Hampshire Supreme Court ruling last week prevents municipalities from restricting short-term rentals in the state, so this should be a "safe" place to pursue STRs.
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2 September 2024 | 18 replies
A Land Trust is meant to add a layer of anonymity, but it does not grant a legal barrier to prevent the court from inquiring on the beneficiaries of the Trust.
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28 August 2024 | 23 replies
Both specified 29 days or less to prevent right of tenancy.
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28 August 2024 | 4 replies
What infrastructure has to be in place to prevent the client from dealing exclusively with the partnering firm once they begin communicating.
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30 August 2024 | 15 replies
What is the best way to provide a legal buffer and prevent your home address from going on public record?