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Results (10,000+)
Jacque Mihovk Boston Investor Struggling to Start
3 November 2024 | 21 replies
By reducing your tax burden of your W2 while also reaping the benefit of the short term rental cash flow, you may be able to free up more capital to scale more quickly.
Tim Kaminski Best Strategy to Build Primary Home?
1 November 2024 | 2 replies
What you can also do is take a look at any high interest credit cards that you can consolidate to maximize the monthly savings and reduce monthly total debt.Cash out refinance is tax free and cannot be touched or taken back but a Heloc can be reduced or closed if you miss a payment, credit score drops, or your DTI increases.
Brody Veilleux Investment Strategy Opinions
3 November 2024 | 2 replies
Focus on getting your first property, reducing expenses, improving the property, and saving money by earning more. 
Rochelle Gerber Struggling to find decent hard money
1 November 2024 | 14 replies
As you build a track record of successful flips/rehabs, you'll typically qualify for better terms, like higher leverage/reduced down payments.
Arron Paulino How do Subject To Offers work for the seller? Won't the loan be called due?
7 November 2024 | 21 replies
Is there any way of reducing closing costs? 
Bala Anirudh Kurakula Re: Partner Opportunities by SummitCapital Partners
7 November 2024 | 51 replies
We reviewed some of the past closures that were impressive.After almost 2 years, we aggreed for an adjusted reduced guaranteed payout and even that schedule was not honored.
William HooFatt Evicting Tenant in Alexandria VA - Should I get an attorney?
5 November 2024 | 22 replies
It makes the Mayor look good I guess to reduce homelessness that way.I wonder if the Tenant can be charged with perjury for lying?
Melanie Baldridge Understanding the IRS Section 179 Election
1 November 2024 | 0 replies
Section 179 of the Internal Revenue Code allows businesses to deduct the full purchase price of qualifying equipment and software up to an annual limit.In 2024, for example, taxpayers can expense up to $1,220,000 of qualified assets.This election can apply to many types of tangible personal property, such as machinery, equipment, and off-the-shelf software, which are used predominantly in your business.Limits on Section 179 ExpensingAs attractive as Section 179 may seem, there are limits.For tax year 2024, the maximum investment limit is set at $3,050,000.If your business places more than this amount in service, the amount you can expense is reduced dollar-for-dollar over this threshold.In addition to the dollar and investment limits, the amount of your Section 179 deduction cannot exceed your taxable business income for the year.This means that even if your business invests heavily in qualified property, the deduction could be limited by the business’s profitability.Also, not all property qualifies for Section 179.Real property, like buildings and structural components, generally does not qualify unless it is "qualified improvement property."
Paul Passafiume Anyone tried Ziprent or remote property managers??
3 November 2024 | 8 replies
This prevents a prospective tenant from re-using that same code at a later time or date.It's a trusted, efficient, and proven process that significantly reduces the cost of overhead.Since 2019, through our platform we've scheduled over 160,800+ showings and placed over 6,700 tenants for our landlords.
Sol Bergren vinyl plank flooring is separating
2 November 2024 | 64 replies
Acclimating for at least the manufacturer's recommended time period, temperature and humidity prior to installation is key, as well as keeping the subfloor at the recommended temperature during install and after, sanding down any high spots/leveling the subfloor as much as possible (less than 1/8 in. over. few feet is ideal), leaving a 1/4" gap against the walls for expansion, and limiting the number of heavy objects placed on the floor in one area can help reduce gaps forming after install.