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Results (10,000+)
Julio Gonzalez When to Capitalize vs Expense
5 November 2024 | 0 replies
To determine if the expense should be classified as a capital improvement or a deductible repair, the context of the expense is very important.An example is, if an item of expenditure is part of a general plan of modernization, renovation or rehabilitation to equipment or other business property, it typically must be capitalized even though on its own it would be currently deductible.According to IRS Code, expenses that you must capitalize are those that:Materially increase valueSubstantially prolong useful life (including replacement of deteriorating assets)Adapt the property to a new or different useHowever, you are allowed to deduct expenses and fees for routine maintenance and repairs that help keep the property in efficient operating condition.
Pradeep R. Best zipcode in memphis with appreciation
3 November 2024 | 15 replies
The zip codes here in Memphis that have the greatest appreciation will not have any cash flow.
NA NA Hired PM 4 years ago and more than $100,000+ later
7 November 2024 | 6 replies
These are professionals with additional training and a stricter code of ethics.
Kristina Johnsen Walk out renovation to a separate suite, to keep the internal stairs or not?
4 November 2024 | 1 reply
This change improves privacy and minimizes unauthorized access, but it's essential to consider local building codes and regulations, as many jurisdictions require safe egress routes for basement units in case of emergencies.
John Barnes Proper etiquette when communicating/working with brokers in commercial real estate
6 November 2024 | 6 replies
Don’t skip a professional inspection of the property, as there could be hidden issues such as structural damage or code violations.
Alex Ng What market to invest in Birmingham Alabama
5 November 2024 | 12 replies
It's a very street by street market, so it's tough to put a hard no on any particular neighborhood or zip code
Nathaniel Williams Any recommendations on Michigan Property Management
3 November 2024 | 5 replies
Anyone know some property mangers in Coloma Michigan zip code 49038?
Xuming Yu Obtain ADU permit in Alameda, CA
3 November 2024 | 6 replies
Find a drafter that's familiar with construction and codes.
George Bell How to structure LLCs for rental portfolio
5 November 2024 | 28 replies
Tenant in San Francisco discovered the in-law unit had fire code violations so sued landlord for $2 million.
Beverly Lafia Nightmare Tenants that is always pushing the boundries
8 November 2024 | 17 replies
Send notice to the tenant about their actions including civil code references to the broken laws and that she must immediately change and comply or you will begin the eviction process.