Noelle Mastelotto
Moving to a New (Midwest) Market
12 September 2024 | 23 replies
One that has strict STR permitting with exceptions for owner occupants would be a bonus.
Alfredo Cardenas
Total Rental Properties Losses
12 September 2024 | 10 replies
BUT, I can do a cost seg and bonus depreciation on the 3 remaining rental in 2024 to use those losses to offset my W-2 via REPS.
John T Shoemake
Ya gotta start somewhere...
10 September 2024 | 2 replies
My employer offered a 25% pay increase, a relocation bonus of $5000(pre-tax), and a guaranteed pay for 40hrs/week.
Sean O'Keefe
Senate Blocked Tax Bill With 100% Bonus Depreciation
6 September 2024 | 13 replies
So my brief side note is only added because Sean's post could be misinterpreted.It's not like the Senate had a problem with bonus depreciation.
Julio Gonzalez
Warehouse Cost Segregation Example
9 September 2024 | 0 replies
The study identifies with forensic engineering detail the immediate Bonus Depreciation 5, 7 and 15-year personal property class lives qualifying portions of a building that are normally buried in 27.5 year residential or 39 year commercial categories.The Cost Segregation Study was performed on the Asset Depreciation Range (ADR) and is based on a 40% tax bracket for State and Federal Taxes.
Bobby Valcin
Cobb County GA basement rental
12 September 2024 | 28 replies
I've not looked at what I could get for rent ahead of time, like you have, but it's a large apartment with 1 bedroom, 2 other rooms (office plus bonus room, etc) plus a brand new open concept kitchen, with its own separate entrance and garage access.
Dat Chung
How Many Rentals to Net $400,000/month
11 September 2024 | 20 replies
Bonus checks like that sure, but that's when tapping some of the equity accruals.
William Harvey
Accounting for house flippers
10 September 2024 | 29 replies
Quote from @Tim Delaney: @Marty Boardman thanks for sharing - just to be clear you put all your expenses related to the house under one capital improvement account t (Wip) and do not bother breaking them down into categories like kitchen and flooring and paint, etc?
Kristen Dolotina
Tax Write Off for Landlords - what % comes back to me
9 September 2024 | 7 replies
I'm clear what it is I can write off, what I'm not clear about is how much (or what %) of each category will come back to me.
Marty Rogachefsky
New Refrigerator - Capital Expenditure or Repair?
6 September 2024 | 9 replies
There are different schedules for different categories of things.