Jerry Maze
Investor friendly Title Companies and Closing attorneys
5 January 2025 | 5 replies
Mobile closing anywhere?
David Woodside
500 hour rule - material participation
15 January 2025 | 12 replies
The best way to learn this is by reading a Tax Court case.
Brett Riemensnider
Seeking Eviction Advice
27 January 2025 | 4 replies
If its four months from now, then explain to him he's going to be evicted, will have a record, and it will go to collections for all court costs and rent money owed, to the penny.
John Underwood
BOI requirements back on hold
6 January 2025 | 4 replies
However, in order to preserve the constitutional status quo while the merits panel considers the parties’ weighty substantive arguments, that part of the motions-panel order granting the Government’s motion to stay the district court’s preliminary injunction enjoining enforcement of the CTA and the Reporting Rule is VACATED.”
Ethan Gallant
Beginner looking to BRRRR in Canada
24 January 2025 | 5 replies
I've looked into mobile/manufactured homes as an option but with lot rent it seems like it may not be worth it.
Morgan Vien
I live in CA and am buying a rental property in OR. Advice on LLC + Taxes
27 January 2025 | 8 replies
So even if you pick a state with stronger protections like WY or NV, the cause of action arose in the state where the tenant fell, so likely that the court where the accident happened would have jurisdiction.
Melanie Baldridge
What is MACRS classification?
10 January 2025 | 0 replies
When it comes to real estate, here's a general list of eligible assets and their depreciable lifespans that you should know: Residential Rental Property = 27.5 yearsThis includes any building or structure where 80% or more of its gross rental income is from residential units.That means:- Apartment buildings- Single-family rental homes- Duplexes, triplexes, and quadplexes- Mobile homes (used for residential rental)- Any kind of residential lodging facility where the primary purpose is long-term rentalCommercial Property = 39 yearsThis includes non-residential properties like:-Office buildings-Retail stores and shopping centers-Warehouses-Industrial complexes-Hotels and motels that do not qualify as residential rental propertyLand Improvements = 15 yearsThese include sidewalks, roads, fencing, some landscaping, and parking lots that are separate from the building.Personal Property = 5 or 7 yearsPersonal property used in a rental activity usually has a 5 or 7-year life.This includes most furniture, appliances, carpeting and various machinery.Qualified Improvement Property (QIP) = 15 yearsGenerally, this includes any improvements made to the interior of a non-residential building after the building was placed in service, excluding elevators, enlargements, and the internal structural framework.Computers and Related Peripheral Equipment = 5 yearsVehicles = 5 yearsNote that the land itself is not depreciable.
Ananth Subramanian
Post eviction: Collecting Judgment amount
16 January 2025 | 8 replies
(1) File FiFa with the courts(2) Find assets (car etc.) to file lien.
Liz Lynn
Mobile Home Rentals
18 December 2024 | 2 replies
Are there tenants looking for mobile homes to rent, and what are the going rates?
Pat Quaranto
How do I go about finding VA work?
14 January 2025 | 4 replies
Have you looked in to being a mobile notary?