Eric I.
Midterm vs long term - Renton WA
24 December 2024 | 7 replies
And lastly, I search FunishedFinder listings nearby, find comparable properties, and track the listed rent for a few months (does it increase, decrease?).
Jonathan Cubeta
Tenant screening
27 December 2024 | 12 replies
I am going to save your list for future reference.
Marc Shin
STR - pets vs no pets
16 December 2024 | 21 replies
I do have a nightly pet fee but i put in my listing that if someone is bringing a pet for an extended period of time they can also reach out to me to discuss a flat pet rate for their stay.
Felicia Richardson
2/1 With No Washer & Dryer Connection
25 December 2024 | 11 replies
I would just list as is.
Amy Lauro
New Investor looking to partner with others- wholesailing/ fix and flips
30 December 2024 | 7 replies
I am contacting homeowners on the pre foreclosure list, getting contracts.
AJ Ali
Lake House, event rentals blocked
31 December 2024 | 1 reply
They asked how we got a hold of a site from a private listing.
Dustin Horner
Hiring FT or PT
6 January 2025 | 5 replies
@Dustin Horner you should be contracting maintenance work and creating a preferred list of vendors as @Phillip Austin has recommended.The first person you hire to help you should be to handle what you LEAST like to do yourself or has the greatest time savings for you!
Esther Iroko
Tenants not paying rent
21 January 2025 | 15 replies
Many courts also now list their dockets online.
Melanie Baldridge
Bonus depreciation ?
16 December 2024 | 0 replies
Bonus depreciation is just a special part of the US tax code.It allows you to take accelerated depreciation on portions of your property depending on when an asset is put into service.At the time of this writing, you can write off a huge portion (60% in 2024) of many qualified components that have a useful lifespan of 15 years or less.That means a certain percentage of things like landscaping, sidewalks, latches, appliances, fences, certain flooring, etc is depreciable in year 1.The bonus depreciation rate percentage changes yearly depending on the administration and the tax code.For years 2015 through 2017 first-year depreciation for all the items on a 15-year schedule or less was set to 50%.It was scheduled to go down to 40% in 2018 and 30% in 2019 and then 0% in 2020.But then Trump got elected, and he enacted the Tax Cuts and Jobs Act.That moved the bonus depreciation percentage to 100% from 2017 to 2022.In 2023 it went down to 80% and it’s currently at 60%.Depending on who gets elected again, 100% may be back on the table.Only time will tell.We know that the US government wants to incentivize more development and ownership of RE.They want Americans to continue to build and maintain our physical world.That’s why real estate is one of the most tax-advantaged assets in the US.Depreciation and bonus depreciation for RE are very positive and will likely continue in the years ahead.
David R Pustelnik
Looking to maximize my potential with rental properties
16 January 2025 | 7 replies
If you could be so kind, please provide me a list of benefits I would gain with a Property Manager.Again, thank you for your feedback.