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6 January 2025 | 4 replies
When you file your taxes at the end of the year the accountant is going to ask you for your receipts or what and how much you want to write off using deductions.
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20 January 2025 | 31 replies
This would help you get going.You might be able to make these a little nicer and force appreciation and a little higher rent.Either way rents will go up over time and the mortgage with remain constant.Maybe even make one unit a STR which could see higher income.I'd be ok with break even or a little bit negative on a Quad given you have 4 properties in one.If you're only breaking even you still have depreciation and other tax write off to help you out.I usually make people 3 offers.
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24 February 2025 | 35 replies
At the end of the day getting approved for a credit card or even buying a D located property is nothing to write home about but these coaches are technically delivering on their promise and the students feel like they accomplished something.
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17 January 2025 | 22 replies
Make sure your real estate agent isn't just about closing that one deal but understands the benefit of protecting you on each purchase to ensure that you keep buying because you are enjoying success. 2.
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16 January 2025 | 78 replies
I sold the other Class C while it was vacant - I saw the writing on the wall so decided to cut my losses.
8 January 2025 | 3 replies
., mobile homes often lose value over time unless they are situated on owned land) and tenant turnover.However, tax advantages include depreciation deductions, which allow you to offset rental income by writing off the property's value over time, and cost segregation, which accelerates certain deductions.
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11 January 2025 | 11 replies
That doesn't mean that they won't go back and re-write it to work.So, get with the city (cities) and see where you can actually have a STR.
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9 January 2025 | 4 replies
The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!
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9 January 2025 | 17 replies
On the other hand, I also did have that in writing and made that aware to all of my clients, As well as the service providing softwares Stating the same policy.
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13 January 2025 | 17 replies
I maintain these connections by reaching out annually to check in and see if there’s anything I can do to assist them further.If you enjoyed this post, please consider voting!