
28 August 2024 | 3 replies
I have a clause in the lease stating that " Any notice to terminate this tenancy must comply with the applicable legislation of the State of Texas (the "Act")." and "a re-rent levy fee of $500 will be charged to the Tenant".

29 August 2024 | 1 reply
This means that you can give more to the charity without it costing you more out of pocket.In addition, you can take a charitable deduction for the full market value of the securities on the date of the donation.

30 August 2024 | 6 replies
But definitely find out from a CPA that specializes in STR and tax deductions!

29 August 2024 | 13 replies
If you can benefit, then regular depreciation is a very small deduction, except for...4.

6 September 2024 | 79 replies
IDK I am more frustrated with myself than anything, but we have attorneys, realtor, mortgage broker and RE investor telling us this is BS/scam so why am I still pondering on it lol I guess cause they have a hefty $down payment and my CC on file to deducted monthly fee!

29 August 2024 | 2 replies
For 2024, bonus depreciation allows for 60% of the cost to be deducted in the first year for qualifying assets.

29 August 2024 | 9 replies
It seems the Occ% would be higher with off market/owner nights deducted.

28 August 2024 | 22 replies
The "other structures" were only 10K, while everybody else goes by 10% of the coverage (on 340K coverage of the main structure, you get 34K other structures).The ugly part - much higher deductibles: $5000 general deductible and 3% wind/hail deductible (on a 340K coverage it comes to a whopping $10K+ deductible...makes you understand their "largesse" on unnecessary higher coverage...if they know the rebuilding cost is 250K, they can give you 300K+ because they will not have to pay more than rebuilding cost, but it pushes the deductibles higher).We concluded:1.

29 August 2024 | 5 replies
What will happen is it'll be deducted from the seller's take away at settlement.

30 August 2024 | 15 replies
Insurance would cover it, I would pay the deductible, and no assets would be lost.If you are in an area like San Diego where people are more likely to sue, a judge is more likely to find you guilty, and the payout is expected to be higher, you may consider an umbrella insurance policy.