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18 February 2025 | 4 replies
Buy a few things on credit that you would just usually pay cash for.I personally would not rush into a Heloc or such.
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6 February 2025 | 5 replies
Recapture typically happens only when you sell the property.If you use the property partly for personal use and partly as a rental in a given year, depreciation and other expenses must be prorated based on the number of days it was rented versus personal useBased on the current tax laws and regulations, once you've taken bonus depreciation on an asset, you cannot "capture" additional bonus depreciation on that same asset in future years, even if the rates increase.In the 2024 tax year, the rate for bonus depreciation is 60%.
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7 February 2025 | 7 replies
Meaning they went into a standalone bank account (not mixed with your other personal funds).
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12 February 2025 | 4 replies
Just keep in mind that there are further steps you'll want to keep to minimize the possibility that your entity is ignored for this kind of personal liability (say, if you were the person who didn't properly clear snow, or if your finances and the LLC's are comingled).And I agree with @Chris Seveney, insurance may provide adequate protection based on what's available to you.
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12 February 2025 | 8 replies
My wife and I plan to purchase a few properties ourselves, but with the lead generation strategies I’ll be implementing, I expect to come across more deals than we can personally handle.That’s where you come in!
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14 February 2025 | 5 replies
This strategy has worked well for me personally.
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12 February 2025 | 3 replies
I would be very interested in the person’s contact information that does Pad split in this geographical area. :)
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1 February 2025 | 1 reply
Oh, and the boyfriend apparently brought in a large dog that scratched up all the doors, chewed up some window sills, dug up carpet in the bedroom they kept it in, and crapped all over the new carpet.
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25 February 2025 | 12 replies
Initially I didn't have a personal connection to the area and didn't know much about the city.
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22 February 2025 | 15 replies
Quote from @Peter Tverdov: Think at least for the text standpoint it is challenging in this market now where I know personally 3 people that have been in lawsuits with one ringing in at $500,000 for cold text messages to people that did not want to be marketed to, so to @Jonathan Greene point on that for sure.I think that cold calling is a true skill that really no one (or 1%) will end up doing, and I 100% agree that VAs do not do it right..