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29 January 2025 | 14 replies
You may have to pick something hard.
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29 January 2025 | 8 replies
I asked if I could pick the title company and they said they would do it and call me back with the details.
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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.
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6 February 2025 | 2 replies
Don't forget to annually mark time for vacation or family time.You might consider hiring a teenager part time if there's something that is time consuming (for me, putting out 20 open house signs then picking them up).Best to you!
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30 January 2025 | 12 replies
I am getting into Real Estate investing but am a rookie looking to connect, learn, network, and pick up any lessons along the way.
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2 February 2025 | 1 reply
Hello I picked up a deal just outside of 1604 near San Antonio that I believe is great opportunity.
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29 January 2025 | 0 replies
Would love an opportunity to pick the brain of someone who is seasoned in the game.
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3 February 2025 | 2 replies
Piedmont, Dimond District, and Redwood Heights are my picks.
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4 February 2025 | 3 replies
Our market picks up in March.