Vidit Maini
Starting my small business
2 January 2025 | 14 replies
@Vidit Maini Starting your business as an LLC taxed as a C corporation offers flexibility but involves double taxation unless you elect S corp status, allowing profits to pass through to your personal return.For tax savings, deduct startup costs, track business mileage or vehicle expenses, and consider a home office deduction.
Eric Robertson
Investor friendly insurance company
11 January 2025 | 4 replies
Let me know if you need help, I'm not licensed in MD, but I know we have an office there.
Chris G.
Drain Field Replaced at Rental Property and Broken Cable Line Responsibility
13 January 2025 | 1 reply
Our office signed the contract and they got the permit and replaced the drain field.
Jp Coghill
Appfolio On Boarding
11 January 2025 | 1 reply
Once you get this information to them you will also be required to do a zoom call and walk around showing them some of this info - the office, any signage, and locks on doors.
Joey Backs
US Citizen Non-Resident Financing
4 January 2025 | 9 replies
However, I don’t have a US-based W2 (but work full time for an American tech company in their London office).
Rene Hosman
WTF is a land swap?
16 January 2025 | 13 replies
Denver Union Station Project (Colorado): The city exchanged several smaller parcels of land with a private developer, who in turn constructed a mixed-use development that included retail, office space, and residential units.
James Syed
5 Day Notice Illinois
5 January 2025 | 18 replies
Also, the local Sheriff's office typically does this as well.
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.
Jonathan Glumac
Disclosing Sales Agent and Brokerage to MF Development Employer
20 January 2025 | 3 replies
I am trying to understand how that dynamic may change if I was sponsored by a broker outside of our office.
Jason Edwards
First Flip Insights: 1272 Lakins Rd, Etna
20 January 2025 | 0 replies
Features a versatile layout with potential for office or hobby spaces, and a primary suite with a double vanity bath.