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Results (10,000+)
Jonathan Small Case Study: Cockroaches to Cash Flow
26 December 2024 | 0 replies
The interior was outdated, the landscaping was overgrown, and several deferred maintenance issues were apparent.
Thu Pham Purchasing an existing Airbnb with future bookings
14 January 2025 | 25 replies
Airbnb came out with a new co-host option where you could get paid for your services to assist owners by selecting % of rents...maybe have him pay you 99.9%?
Mordy Chaimovitz Crazy prices on 2 and 3 flat buildings in chicago
13 January 2025 | 11 replies
The income doesn't really cover expenses plus debt service
Melanie Baldridge What is MACRS classification?
10 January 2025 | 0 replies
When it comes to real estate, here's a general list of eligible assets and their depreciable lifespans that you should know: Residential Rental Property = 27.5 yearsThis includes any building or structure where 80% or more of its gross rental income is from residential units.That means:- Apartment buildings- Single-family rental homes- Duplexes, triplexes, and quadplexes- Mobile homes (used for residential rental)- Any kind of residential lodging facility where the primary purpose is long-term rentalCommercial Property = 39 yearsThis includes non-residential properties like:-Office buildings-Retail stores and shopping centers-Warehouses-Industrial complexes-Hotels and motels that do not qualify as residential rental propertyLand Improvements = 15 yearsThese include sidewalks, roads, fencing, some landscaping, and parking lots that are separate from the building.Personal Property = 5 or 7 yearsPersonal property used in a rental activity usually has a 5 or 7-year life.This includes most furniture, appliances, carpeting and various machinery.Qualified Improvement Property (QIP) = 15 yearsGenerally, this includes any improvements made to the interior of a non-residential building after the building was placed in service, excluding elevators, enlargements, and the internal structural framework.Computers and Related Peripheral Equipment = 5 yearsVehicles = 5 yearsNote that the land itself is not depreciable.
Peter Tverdov Featured Agent Feedback from Agents?
13 January 2025 | 4 replies
I had lots of leads but none were serious buyers or the leads were from people wanting to sell me other services
Matt Cecala Pittsburgh(ers) Investing in Pittsburgh
5 January 2025 | 23 replies
I'm presently a facilities engineer by trade, who does some construction and maintenance for landlords on the side, hoping to get back into the private real estate game.
Kevin Upton Hoping to Connect
14 January 2025 | 5 replies
We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.
Peter Neill From PPR Note Co. to GSP REI: Finding My Freedom Raising Capital
27 January 2025 | 6 replies
Not that I don’t enjoy dealing with tenants, maintenance, lawn care, Home Depot and Lowe’s trips and tenant change overs (I recently put new carpets, kitchen floor, appliances, vanity and mirror in the bathroom and fresh paint in my upstairs unit).
Jonathan B. STR Depreciation/Bonus Depreciation Question
24 January 2025 | 11 replies
It really does depend on timing of being put in service, that bonus it qualifies for (if any) and the life cycle of the elements that can be advanced. 
Isadore Nelson Help Non-Paying Tenant Transition Into Section 8 Eligibility?
28 January 2025 | 15 replies
Hey Isadore, Send the tenant a notice of non-payment and have the tenant go down to their local public housing authority office, HRA, or Department of Social Service office and provide them with the notice.