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22 April 2023 | 9 replies
Aloha,On one hand, getting 14 years out of any appliance is unusual these days, I would recommend to my Client to simply replace it.On the other hand, it COULD be something simple, like the power cord chewed through or getting pulled loose from its terminals (not the plug end, the connection at the equipment).
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4 June 2021 | 4 replies
There are endless possibilities for this it seems, depending on your layout and how you generate more income to help offset the cost of equipment if you needed to- keeping in mind your equipment would be deductible.Thanks to the Tax Cuts and Job Act of 2017 (TCJA) you’re likely going to be deducting expenses like this at bonus depreciation in year one (verify with CPA) Overall if you’ve gone over the numbers and they make sense to you, there are numerous ways to go about generating capital to invest in new equipment if you need to.
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16 June 2017 | 0 replies
We have all types of equipment that include Pick up trucks, tri axle dump trucks, skid loaders, back hoes, and rubber tire loaders.
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25 October 2019 | 1 reply
Mandel & Ogden will lease up their units then move to the next big headline, but the mom & pop retail shop that poured $100k into a new facade, logo, image or equipment are screaming loud and clear they are there for the foreseeable future.
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7 August 2016 | 24 replies
Installation and design/ retro is the foundation for any hvac equipment, that is where most problems will occur.
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15 September 2018 | 12 replies
Always verify identity then run the background screening.Always take first payments in certified funds.
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17 January 2019 | 3 replies
You could do ductless systems like you said in your post but the equipment cost is higher and I’m my opinion more temperamental.
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22 April 2023 | 5 replies
Good Morning everyone,I will be moving out my home next month and will be renting it out. I bought my house last year with a dishwasher stove and a over the range microwave. I do plan on leaving those there. I did hav...
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12 March 2014 | 13 replies
That's not Viking ranges, no induction cook tops, no custom cabinetry, certainly no sound system.3) Our high end custom houses that DO install the high end equipment, including sound systems, Hardi board, custom cabinetry generally cost $200+/sf.If you force your GC to meet the $500k price and build a 3ksf house, he'll find ways to cut costs.
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26 June 2011 | 6 replies
That said, there are some additional deductions that can be had just by running a business flipping houses:- Deduct any educational tools- Deduct any real tools- Deduct mileage on your car for work travel- Deduct home office (if you have a dedicated one)- Deduct health-related expenses, including insurance premiums (there are limitations)- Deduct equipment that you use in your home officeI'm sure I'm missing dozens of good deductions that you're afforded just by running a business -- though few (if any) are going to be specific to flipping houses.