Robert McCormick
Tax Assessment Value Doubled - Will Annual Taxes Double? (Sussex County NJ)
26 January 2024 | 16 replies
@Robert McCormickI quickly looked up some info for Sussex County yesterday and was going to post it here, but then realized that was for Sussex County, DE, so, obviously not applicable.Anyway, it seems like you already found some info on the appeals process.
Enis Baftiu
First time home buyer but turned into a rental! How to deductible all the remodeling.
25 January 2024 | 2 replies
Also, keep in mind De Minimus Safe Harbor is available on remodeling expenses with an individual transaction value of $2.5k or lessAlternatively, for any of the remodeling costs in Step 1 that don’t qualify for De Minimus Safe Harbor and have a useful life (period they will take to wear out) of 20 years or less you can take 80% bonus depreciation in 2023. ...
Karen Eggett
Rental Rehab (Capital Expense) & then safe harbor small updates later in the year
25 January 2024 | 6 replies
De Minimus Safe Harbor relates to individual capital expenses (can be renovation costs) that are $2,500 or less.The other expenses you mentioned on the "small project" could be deductible under bonus depreciation (80%) in 2023.
Yulia Orlov
Looking for RE loan broker to get DSCR in NH
24 January 2024 | 5 replies
Full disclosure, I'm a mortgage broker in CA, and I'm not saying to use me, but for example, I have closed DSCR loans in East Coast states such as CT, MD, DC, FL, GA, DE, NC just to name a few, and don't consider myself an expert in any of them.
Emma Redfern
Multi-Family rent price$$
23 January 2024 | 6 replies
@Emma Redfern remember to consider bonus depreciation and the De Minimus Safe Harbor Rule for renovation expenses.
Tyrail Torrence
Hello Bigger Pockets Community
24 January 2024 | 3 replies
Hello My Name is Tyrail , I am an up-and-coming real estate investor based in Delaware.
Nicholas Cirigliano
New Member/First Post - DFW Area
24 January 2024 | 17 replies
Quote from @Craig De Borba: Welcome!
Jacob Lopez
1st Time Investor - House Hack Multi-Family Unit - Worth it to buy ASAP?
25 January 2024 | 19 replies
I think like @Paul De Luca pointed out...it's hard for us to speak to your specific deals if we don't know all of your numbers, your criteria, and your exact situation.My opinion would be to go for it!
Stephen Predmore
My first Baltimore buy & hold investment.
25 January 2024 | 61 replies
I noticed in the pictures that the property was weatherized and would love to know if the seller de-winterized the property for inspection purposes?
Hector Serna
Just canceled my 3rd deal… time to start over
26 January 2024 | 46 replies
Quote from @Paul De Luca: Quote from @Hector Serna: Hey guys,So I recently got out of my 3rd deal in Cicero, IL (Chicago Land Area).