Total still owed $13,600 (rent, late fees, legal fees) and $550 for the locksmith.Place reeks of pot, she had her adult son, who by the paystubs left behind only made $152 a month and spent his days laying on the couch (which reeked of pot) smoking and playing x-box (abandoned and power supply cut up). 

Examples of qualified improvement property include improvements made to the interior of nonresidential real property, such as HVAC systems or alarm and security systems.We refrain from making direct recommendations on Section 179 because we believe this decision is best made by the CPA, who completely understands the client’s overall tax situation.The decision to elect Section 179 is deeply tied to broader tax implications, including other deductions, income limitations, and future business planning.Your CPA has a holistic view of your finances and can help you make the right choice.TLDR:* Section 179 is a powerful tool for business owners and real estate investors, allowing immediate expensing of qualifying assets in the year they are placed in service.* Annual limits apply to how much can be expensed, with the 2024 cap set at $1,220,000, and investment limits that start to phase out when more than $3,050,000 of property is placed in service.* Not all property qualifies for Section 179.

I firmly believe that the media/internet/powers that be are just spinning the crap out of this whole weather thing.

Sean,I have had some good exposure to larger commercial/industrial deals but would like to start investing on my own for small multi family properties, ultimately end goal is to build a portfolio that can someday support my retirement, provide flexibility for my family, and create something that I can work on with my kids to show them the power of real estate and entrepreneurship and hopefully someday pass down to them. 

Our local organizations do a lot - we have representatives meeting with council members, a professional PR firm to help change the narrative on STR's here on the islands, and we're working towards increasing our own lobbying power.

If one tenant moves out or unexpected repairs pop up, the other property can help cushion the impact.Of course, more properties mean more responsibilities...double the maintenance and potential headaches.

I want to give them a benefit of doubt, but I wonder how often you had a list of 10000 prospects, a power dialer to call 2000 numbers a day and speak with those you were connected to (approximately 200 prospects per day_, and still got only 3 unmotivated seller leads in 5 business days?

Sure, Section 121 is powerful if you're considering sale and need to exclude a big gain, but passive cash flow is more powerful in my opinion.

I was glad to show some unexpected kindness when he cried poor at Christmas.

Maybe assume 1 unit out of 5 has a $5,000 unexpected bill every 3 years?)