James Carlson
Can we stop with the ChatGPT responses?
12 September 2024 | 23 replies
Something like a $1,000 bonus for every 5,000 posts?
Marc Shin
Accountant that specializes in STR taxes?
12 September 2024 | 12 replies
They all have software and it just generates a Schedule E.You could hire someone who specializes in Bonus Depreciation.
Danielle DeCormis
Quit Claim Deed to LLC Tax/Legal Question
13 September 2024 | 11 replies
You have three separate categories here: lending, legal, and tax.For the lending side, the lender has a clause in the loan documents in 99.9% of loans that allows them to "call" the loan if their is a change in ownership of the property.
Andrew Galloway
Has Anyone in CFL Bought a STR Recently (2022+) to Offset Their W2 Income Tax
11 September 2024 | 12 replies
I've read about strategies to do this and bonus depreciation and how the 1 year bonus depreciation is being phased out.
Nicholas Jose
My New Landlord Transition Letter - please critique!
14 September 2024 | 19 replies
As an added bonus tenants like to complain about what is wrong with a property, and sometimes the landlord doesn't know about the things they mention especially if they are long distance and have a PM.
Gp G.
Selling property and 1031 exchange
13 September 2024 | 10 replies
How to sell this property in 1031 category and buy other property ?
Andrew C.
what do you use to track FixedAssets for depreciation/amortization?
9 September 2024 | 12 replies
bonus points if it somehow links to quickbooks so it's easier to keep them aligned.Alternative question: CPAs - what tools/formats do you prefer your clients to use to give you the information needed, so you can calculate their depreciation?
Siddharth Patel
Potential Bed and Breakfast | Ways to evaluate the deal!
13 September 2024 | 12 replies
You can usually use bonus depreciation against the asset assuming it will follow the short term rental loophole rules of 7 days or less average stays.
Timothy Fortin
Bonus Depreciation For STR Question
6 September 2024 | 11 replies
I really need some help understanding the bonus depreciation tax laws.
Rami Khaldi
Private Money Lending Terms
11 September 2024 | 3 replies
., 5%) and offer a lump-sum bonus (e.g., 3-5%) at project completion.