
29 August 2024 | 2 replies
After the cost segregation study was performed, this was the new asset allocation breakdown by useful life.Here are some examples of what types of assets are included in each of these asset classes.5 Year Useful LifeSpecialized equipmentCabinets and countersRefrigerators and microwavesSecurity alarm systems and telephone connectionsDecorative wall treatments, ceiling fans and flooring15 Year Useful LifeSidewalks, landscaping and asphalt pavingSignage and site lighting39 Year Useful LifeDoors, walls, roofing and windowsFlooring, drywall partitions and ceilingsEmergency lighting and restroom fixturesPlumbing, HVAC, and electrical distributionThe use of the accelerated depreciation strategy helps real estate investors to reduce the tax liability immediately which therefore increases their bottom line due to the offsetting of income.

28 August 2024 | 9 replies
Whether real estate, stock dividends, bond yields.

28 August 2024 | 10 replies
State Laws and Requirements Local Laws: Real estate is generally governed by the laws of the state where the property is located.

28 August 2024 | 2 replies
@Cherish GonzalesBy looking at their website and him toutingHimself as #1 in real estate I am guessing it did.

28 August 2024 | 5 replies
Even then some things don't always fit and you have to come up with a work around.Hire a separate landscaper to finish it all up for better curb appeal**all in all was very happy with outcome & quality** Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

28 August 2024 | 2 replies
I remember hearing on the BP real estate podcast at some point Scott describing how selling an investment property after 5ish years and trading it in for a more expensive property was the right move financially.

28 August 2024 | 21 replies
Salesforce when I have the budget and SugarCRM when I have no budget.For real estate, best is to probably get something that syncs easily with gmail and then includes that email trail in your CRM.

2 September 2024 | 31 replies
Below are a few things I look for in a vacation rental cleaner:1) Hot Tub Maintenance: Since many of my properties include hot tubs, it's essential that my cleaners are experienced in testing water quality and adding the appropriate chemicals as needed. 2) Clear Communication: Real-time communication is crucial for me.

28 August 2024 | 39 replies
I was actually working in the investor real estate space for 3 years before I took the jump and did it myself.