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26 June 2024 | 65 replies
and seeking some wisdom for a rookie.Interested specifically in Kissimmee/Orlando/Davenport as Disney market feels familiar to me and it’s generally a cheaper entry point than beach condos.Looking at Regal Oaks (staying here now on vacation myself and enjoying it, though have read mixed things about occupancy), Windsor Hills, and Champions Gate.Goal is to have a second home that I AirBnb out the majority of the year but also can escape to when NYC is ruthless (like now :) hoping to live in the 150-250K range, bonus if there’s a pool (regal oaks has community pool and individual hot tubs), and solid amenities.Other than reading for my life, how can I number crunch and prepare for this?
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26 June 2024 | 16 replies
Find yourself a good local housekeeper, treat them well with the occasional bonus and they will be your eyes and ears.
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21 June 2024 | 4 replies
Approaching the end of my first BRRRR (rehab to be done in 2 weeks) and I'd like to reward my contractor with a cash bonus; I'm wondering what an appropriate amount of money is to give him.
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25 June 2024 | 39 replies
Most homes that I have seen which use a less open floor plan tended to be very expensive ones where real entertaining of clients and the like was a consideration, and curiously those people tended to have formal dining areas where you could not see the kitchen sink… this is why we put bonus rooms in our open concept floor plans.
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25 June 2024 | 16 replies
Half the crew are driving company vehicles and receiving bonuses on top.
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28 June 2024 | 100 replies
@Giles D.You may actually owe the IRS money if they claimed bonus depreciation.
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22 June 2024 | 2 replies
Keep in mind, the new vehicle may be eligible for Bonus Depreciation or Sec 179 depending on % you use it for business/rentals vs. personal use....
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19 June 2024 | 12 replies
I am finding it to be very informative, but the narrator keeps referring to diagrams and work sheets on the "bonus CD"....well, the audio version did not come with a CD.Does anyone out there in BP land have a bonus CD to this book that I could buy for a reasonable amount, plus shipping?
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21 June 2024 | 10 replies
As far as bonus depreciation goes though, is there a need to separate the operations from the property?
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20 June 2024 | 10 replies
Hi, I'm a new REI guy in SLC (attorney by day).I like house hacking, costseg, STR, and BRRRR strategies, and I'm trying to combine all of them into my next deal.I basically want to create a new built, from scratch, on the outskirts of town, that was built to be a rooming house for house hacking and then, after one year, can be converted to AirBnB for costseg bonus depreciation.I'm looking for an agent/realtor/builder/expert who can sit with me on a Zoom call for 10-15 minutes think this out and brainstorm.