Amelia Cooper
Best Baselane Tutorials?
27 September 2024 | 1 reply
When you create any type of transaction (income or expense) you can choose what category it is, and what property it is for.
AJ Wong
✋🏽Five reasons investors should hire an investment focused Real Estate Professional
26 September 2024 | 0 replies
Bonus* Time & Money: Investments are borrowed time.
Matt Nelson
Advice on getting equity out of a rental in Washington state
27 September 2024 | 8 replies
So for example, a 761 credit score will be in the 760-779 credit category, then going down to 740-759 and so on.2.
Steele Kruzel
Cash out refi 80% LTV
26 September 2024 | 17 replies
So for example, a 761 credit score will be in the 760-779 credit category, then going down to 740-759 and so on.2.
Devin Bost
Do I need a property manager just to manage bookings?
27 September 2024 | 9 replies
I would recommend negotiating performance-based bonuses rather than commissions, ensuring that their focus aligns with your revenue strategy.Given that you are looking to expand your property with an in-house store and unique theme, a property manager focused on tailored guest experiences rather than just bookings would be more beneficial.
Tyler Speelman
Convert STR to primary to avoid depreciation recapture?
25 September 2024 | 10 replies
You'll still owe taxes on the depreciation taken during the time it was a rental, typically at a marginal tax for bonus dep recapture.
Julie Marquez
No More Mint.com - What the Best Personal Finance Tracking Tool Now?
25 September 2024 | 6 replies
I love the ability to categorize all my spending and split transactions into different categories.
Luke Davis
First Potential BRRR in FL - Any insight appreciated!
26 September 2024 | 2 replies
I like that you have a misc category AND a 20% contingency.
Chris Seveney
Why I Love Real Estate: The Adventures of Finding Buried Bodies
30 September 2024 | 12 replies
Thankfully the buyer also had another site that required fill so that was a bonus.
Julio Gonzalez
Cost Segregation Study on Single Family Home
24 September 2024 | 0 replies
Assets identified in this study include:Building systems: water heater, electrical distribution, HVAC, plumbinPermanent Fixtures: windows, doors, bathroom fixturesStructural Components: Roof construction, drywall, wood framingInterior Construction: Wood flooring, stairs, ceramic tileThis 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.