Ana Mills
Separate credit cards for each airbnb? Or is that complicated to track?
20 November 2024 | 13 replies
It really depends on your specific situation.It's good you're thinking about the operational and bookkeeping component for your financial account structure to make things easier on yourself and any financial team members you have or may have in the future.You're ahead of the curve!
Paul Merriwether
Has anyone heard of Scott Jelinek and his Slow Flip strategy?
2 December 2024 | 34 replies
That was a huge mistake as they wanted roof replacement & grass cut. $6k for roof, $1200 to cut the grass on 10,000 sqft lot.
Julio Gonzalez
Cost Segregation Study on Auto Repair Shop
19 November 2024 | 2 replies
Assets identified in this study include:Building Systems: plumbing, HVAC and electrical distributionInterior Construction: flooring, drywall partitions and ceilingsStructural Components: doors, roofing, windows and wallsPermanent Fixtures: emergency lighting, restroom fixtures and signageThis engineering-based cost segregation study included the following methodology:Physical Inspection through a site visitDocumentation review including architectural plans, accounting records and construction documentsA cost analysis which utilizes engineering principles in order to allocate costs to their applicable asset classificationsCalculation of the depreciation schedule using MACRSAs a reminder, bonus depreciation started to phase out in 2023.
Renee Pohle
Advice on Getting Started!
25 November 2024 | 10 replies
With the upcoming expected rate cuts making real estate "more affordable", I believe this will unlock many buyer's who've been waiting on the sidelines.
Tiffany Da Silva
Advice needed on real estate LLC business banking & Organization
21 November 2024 | 6 replies
That's the key component that is usually missing when I hear other entrepreneurs/investors say they don't like QBO.Something else to keep in mind is your entity structure and how your entities file tax returns.
Matt R.
Bitcoin is 10k again what are you going to do now?
5 December 2024 | 554 replies
Bitcoin hasn't completely become uncorrelated, I think when people are hedging risks, they will cut whatever losses, wherever they can.
Stephanie Mbaya
House hacking in Baton Rouge
22 November 2024 | 2 replies
If you get a little further out from LSU, you can probably buy in the mid $200k range and cut $200-$300/month out of that.
Golan Corshidi
First Cleveland Investment: Triplex showing 45% COC return. Am I missing anything?
22 November 2024 | 4 replies
Who cuts the grass?
David Ivy
Austin Market Report - October 2024
20 November 2024 | 1 reply
For the 10 year period spanning October 2014-2024, single-family prices in Austin nearly doubled, yielding an annualized appreciation rate of ~9% in that period.With inflation nearing its 2% target and signs of a slowing labor market, The Federal Reserve recently made its second cut to the federal funds rate since the start of the COVID pandemic.
Elliot B.
Submetering Heat with BTU/Flow/Energy Meters
29 November 2024 | 27 replies
This gives me plenty of incentive to find a way to cut some of these heating expenses.