Thomas Youngman
Property Investment in Portugal
19 January 2025 | 269 replies
So far my research has only introduced me to brokers focused on personal mortgages based on salary.Ā 4) International tax advisors - Has anyone worked with an international tax advisor that they could recommend?
Henrry Novas
Looking to Connect with Spec Builders
10 January 2025 | 7 replies
we did the first 3 in a 18 month period we used internal funds so no debt.. these were 350k to 400k all in projects.. so U need cash to be a spec builder or you need investors if you dont have cash..
Chris Pratt
LA meetups for networking?
25 January 2025 | 4 replies
I don't know how many people are going to show up but here's the link.
Ricky Smith
Advanages of setting up a separately run management company?
13 January 2025 | 3 replies
Anyone that is looking at your assets is always going to need to factor in property management, so you can show that as a real expense (and really make it as high or low as you want).I work in a vertically integrated real estate and development company, and I cannot imagine how things would run if we did not have an internal property management company that essentially works for the other companies but also stands on its own.
Max Martynenko
Investing in Ohio
19 January 2025 | 6 replies
De nada šI don't know that market at all (FYI, I don't see this is other Midwest markets where my CFO clients buy properties), but I suspect it's related to perhaps the international investors that agent may work with...they are often cash buyers as it's very difficult to borrow here if you're not a U.S. citizen.
Melanie Baldridge
What is MACRS classification?
10 January 2025 | 0 replies
When it comes to real estate, here's a general list of eligible assets and their depreciable lifespans that you should know: Residential Rental Property = 27.5 yearsThis includes any building or structure where 80% or more of its gross rental income is from residential units.That means:- Apartment buildings- Single-family rental homes- Duplexes, triplexes, and quadplexes- Mobile homes (used for residential rental)- Any kind of residential lodging facility where the primary purpose is long-term rentalCommercial Property = 39 yearsThis includes non-residential properties like:-Office buildings-Retail stores and shopping centers-Warehouses-Industrial complexes-Hotels and motels that do not qualify as residential rental propertyLand Improvements = 15 yearsThese include sidewalks, roads, fencing, some landscaping, and parking lots that are separate from the building.Personal Property = 5 or 7 yearsPersonal property used in a rental activity usually has a 5 or 7-year life.This includes most furniture, appliances, carpeting and various machinery.Qualified Improvement Property (QIP) = 15 yearsGenerally, this includes any improvements made to the interior of a non-residential building after the building was placed in service, excluding elevators, enlargements, and the internal structural framework.Computers and Related Peripheral Equipment = 5 yearsVehicles = 5 yearsNote that the land itself is not depreciable.
Tom Nagy
Stay away from RAD Diversified
20 January 2025 | 32 replies
They give no official closing documents, just internal documents that I'm guessing are fraudulent.Ā 170% profit in two years is a HUGE red flagš¤ÆĀ
Spencer Thomas
[Calc Review] Help me analyze this deal
18 January 2025 | 4 replies
Quote from @Spencer Thomas: Quote from @Dominic Mazzarella: Quote from @Spencer Thomas: View report*This link comes directly from ourĀ calculators, based on information input by the member who posted.What do you all think of the deal and how I analyze it?Ā
Charles Roberts
Who owns short term rentals in Japan?
24 January 2025 | 5 replies
We have two young boys who also enjoy Japan and hoping we can all begin to learn the language and possibly enroll them into an International School during the summers.
Garrett Brown
What is your biggest struggle in the STR world right now?
26 January 2025 | 48 replies
(This link has been down for about a week though, FYI.