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19 November 2020 | 2 replies
You'll need a second policy to cover the landlord exposure.
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20 November 2020 | 6 replies
Or if you sell and buy a new asset in the same year, you can sometimes use steep bonus depreciation from the new tax law to generate great tax deferrals without a 1031 exchange.
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21 November 2021 | 9 replies
For me, it's worth it for the flexibility and as a bonus I actually ended up making more money last year than this price because of its flexibility with late fee rules.
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22 November 2020 | 6 replies
The systems are very user friendly and get a ton of exposure to the vacation rental market.
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23 November 2020 | 10 replies
If you get the deal, then you can apply to get the taxes lowered and that would be a bonus.
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24 November 2020 | 7 replies
There is an additional bonus space in the attic complete with bathroom and kitchen.
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22 November 2020 | 1 reply
Offer them a bonus if the sale goes through.
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22 November 2020 | 4 replies
Managing your property yourself as a beginner is always encouraged as it gives you the landlord experience and exposure you need for future rentals.RentRedi, TransUnion SmartMove are few good software you can try out and see if it works for you.I personally use TransUnion SmartMove.Goodluck
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30 November 2020 | 6 replies
As to your question about TCJA, if the properties were purchased before that point, they are not eligible for 100% bonus depreciation.
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23 November 2020 | 7 replies
To answer your second question, with the current 100% bonus depreciation rules, the best asset classes that can get the most 1st year bonus depreciation are: RV parks, Golf courses, MHP (with all tenant owned homes).