Cody Weiss
Blockchain & Real Estate
15 November 2024 | 25 replies
And at the end of raising the funds it would be converted t US dollar anyway, the benefit to raising funds through crypto would be international but the US money laundering laws and KYC is conflicting with that therefore adding more cost but also a great idea.
Michael Y.
Super Liens in Colorado
4 November 2024 | 1 reply
They replied to one of my emails with their internal emails still attached :) I do know the county notified them of the sale well ahead of time and documented the notification.Thanks!
Glen Michael
Survey's to your owners and tenants....
31 October 2024 | 2 replies
I know Property Meld has something built into their Maintenance dashboard where it asks for reviews after maintenance issues are handled and I think if they rate 4 or 5 starts they then ask for a google review and if it's 3 or below it stays internal and gets circulated around so the team can figure out what went wrong and improve on it.
Melanie Baldridge
Understanding the IRS Section 179 Election
1 November 2024 | 0 replies
Section 179 of the Internal Revenue Code allows businesses to deduct the full purchase price of qualifying equipment and software up to an annual limit.In 2024, for example, taxpayers can expense up to $1,220,000 of qualified assets.This election can apply to many types of tangible personal property, such as machinery, equipment, and off-the-shelf software, which are used predominantly in your business.Limits on Section 179 ExpensingAs attractive as Section 179 may seem, there are limits.For tax year 2024, the maximum investment limit is set at $3,050,000.If your business places more than this amount in service, the amount you can expense is reduced dollar-for-dollar over this threshold.In addition to the dollar and investment limits, the amount of your Section 179 deduction cannot exceed your taxable business income for the year.This means that even if your business invests heavily in qualified property, the deduction could be limited by the business’s profitability.Also, not all property qualifies for Section 179.Real property, like buildings and structural components, generally does not qualify unless it is "qualified improvement property."
Sharad Bagri
Where to form LLC for real estate in Ohio
6 November 2024 | 5 replies
Also, the state of formation is likely where internal disputes would be brought among LLC members, so if you and a partner and/or spouse live in CA, you probably want to arbitrate in CA if the two of you had a disagreement.
Nina Erlandson
Has anyone used Obie Insurance?
20 November 2024 | 49 replies
Called a few Foremost agents in NYC and either no pickup or don't do over 3 units. :( :(
Dayton Bishop
How to get into investing even though I have no money to do so
8 November 2024 | 10 replies
@Dayton BishopStarting investing with limited money can be achieved through various strategies such as house hacking, partnerships, bird dogging, subject-to deals, joining a Real Estate Investment Group (REIG), interning or working for a real estate investor, college networking, and Real Estate Investment Trusts (REITs) or Real Estate Crowdfunding.
Mike Johnson
What to expect in Property Management
31 October 2024 | 6 replies
I dont know how many units you are talking about, my biggest problem was tenants having easy access to me.I finally decided to use a software and got an internal property manager so moved away from it.Currently setting up the maintenance request portion of it, so will see how it goes.
Alexander Zeisberg
New Again Agent
1 November 2024 | 4 replies
In Washington, where I was previously licensed, I had easy access to phone numbers for expired listings right on the MLS, making it straightforward to cold-call expireds.
Joshua Houchins
Accounting Software?
31 October 2024 | 14 replies
When we moved our companies to a new accounting software we looked at Quickbooks, but found its international awareness (tax rules, multi-currency, locale support, etc), project/job, and multi-company abilities to be clunky.To be fair, none of the candidates hit everything on our wishlist.We ended-up selecting MoneyWorks by Cognito and have been satisfied with it over the past three years.