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22 March 2021 | 0 replies
Real property consists of land, buildings or other inherently permanent structures.Examples of Personal Property (contained in or attached to a structure/building)Interior LandscapingNeon or Other SignsDisplay Racks, Shelves or CabinetsWall CoveringsWindow TreatmentsCertain Air-conditioning EquipmentDecorative and Specific Business Activity Light FixturesCarpetingDecorative Trim & MillworkMachinery, Generators & Kitchen EquipmentAccordion Doors and PartitionsExamples of Real PropertyLand (non-depreciable)Buildings (27.5 or 39 year depreciation)Exterior Landscaping (15 year depreciation)Paved Parking Areas (15 year depreciation)Swimming Pools (15 year depreciation)Fences (15 year depreciation)Bridges (15 year depreciation)Side-walks (15 year depreciation)Docks (15 year depreciation)After the tax reform, the structural value of a building is depreciated over 27.5 to 39 years and the tangible portion of a building is allowed to be expensed immediately in the year the assets were placed into service by the business.
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25 March 2021 | 4 replies
However, have someone take a second look at your numbers that owns several Air Bnbs and maybe they can spot if your numbers are accurate.
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25 March 2021 | 6 replies
Obviously it depends on the individual if a large purchase like that is a problem, but better to air on the side of caution.
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23 March 2021 | 4 replies
On the evening that scene aired, L.A.’s real-life mayor, Eric Garcetti, stood at his own podium and reported that Angelenos were dying of COVID-19 at a record-breaking rate of one every eight minutes.
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29 March 2021 | 32 replies
The DW pipes into the drain after the disposal.The DW water does not drain through the disposal, so there is no real need for the disposal.Here, they require an air gap for the DW, and it has to have it's own electric circuit.Changing a dead disposal is dead simple though.
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28 March 2021 | 6 replies
I think most air BNB users are coming either for the lake, sand dunes, or hunting.
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29 March 2021 | 10 replies
Hi everyone,Need advice on STR since we’re just starting out. What are good resources and go to stores for supplies/furnitures based on your experience? Any advice, helps, and tips are much appreciated and welcomed. TIA
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10 April 2021 | 7 replies
Pee and poop in the carpet and air vents.
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1 April 2021 | 132 replies
It shows a lack of understanding of basic human nature to think you can just send checks to people out of thin air and that many of those people will use the money responsibly (if you define responsibly as catching up on your obligations and using the funds for necessities).
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12 April 2021 | 5 replies
Alternative uses would be residential property or commercial (hotel/Air BNB, tourist destination, vineyard, etc) in central TX but the increased price in O&G country would come from the potential for surface damages income from O&G producers.