Kevin Johnson
100% Bonus Depreciation for 2023
6 June 2024 | 6 replies
Has there been any movement on reinstating 100% Bonus Deprecation for the 2023 tax year?
Brendan M Hornung
Property Management Software for 1 SFR
9 June 2024 | 6 replies
Once you have a shortlist, sign up for an account with each one and test them extensively to see how they function.
Jeremy H.
backyard patio / side walk increase cost basis?
8 June 2024 | 1 reply
The cost of land generally includes the cost of clearing, grading, planting, and landscaping.Land preparation costs, such as landscaping are depreciable Certain improvements made directly to land or added to it (such as shrubbery, fences, roads, sidewalks, and bridges) are generally depreciated over 15 yearsKeep in mind that depreciable rental property costs with a useful life of 20 year or less may be eligible for bonus depreciation.I don’t think the sources that you found are accurate since some of the improvements you mentioned can be depreciated and over a shorter period of time.
Ashley James
STR Tax strategies for Primary Residences
7 June 2024 | 3 replies
A potential issue I will point out is that I’m pretty sure you need to put into service the property in the year you purchased it, at least for bonus depreciation.
Donna Yu
I am new but ready.
10 June 2024 | 27 replies
Bonus points if you can find something with a convertible garage, basement unit, etc... that can be it's own separate unit.
David D.
Using a predictive model to find undervalued properties.
11 June 2024 | 46 replies
Based on the provided real estate data for San Jose, CA 95111, there appears to be a seasonal pattern in home sales activity and prices:Peak Season (Spring/Summer)The data shows a higher number of home sales occurring in the spring and summer months, particularly from March through August.Home prices also tend to be higher during this peak selling season, likely due to increased buyer demand.Off-Peak Season (Fall/Winter)There are noticeably fewer home sales recorded in the fall and winter months, from around September through February.Home prices also tend to be somewhat lower during this off-peak period compared to the spring/summer months.This seasonal pattern is quite common in real estate markets, driven by factors such as:Warmer weather and longer days make it more convenient for buyers to go house hunting in spring/summer.Many families prefer to move during the summer when children are out of school.The spring market is fueled by annual bonuses/tax refunds providing down payment funds.Sellers often list their homes in spring to take advantage of the higher buyer demand.However, it's important to note that this is just a general observed trend.
Nathan Frost
How to find properties/areas that appreciate in value?
8 June 2024 | 22 replies
Rentals with 15- 20% net caps, appreciation is just a bonus.
Brian J Allen
Can Worcester Afford these rents?
7 June 2024 | 4 replies
I'm approaching retirement, so I no longer have to worry about it - but I promise you that if a recruiter called me with an opportunity in Boston, it would take a gun to my head for me to sign up for another 2 hours of bumper-to-bumper commute each morning.
John Tarantino
Cost Segregation Questions
6 June 2024 | 6 replies
Remember, cost segregation was a great benefit even when we didn't have bonus depreciation.
Dan Powers
Carroll Park 4 Bed Flip
6 June 2024 | 1 reply
The huge bonus of this property was it was coming with all existing materials inside including, condensers, lumber, electrical wiring, as well as pex and PVC for the plumbing.