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30 August 2021 | 4 replies
Not to say you can't negotiate but you should go along with what is standard as that is what their staff will be used to.
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14 June 2022 | 7 replies
However, you can actually save millions of dollars in taxes by starting during the blueprint phase.Here are some examples of ways to save on taxes:For conference rooms in a hotel, Instead of installing regular walls, if you install moveable walls, the walls could be depreciated using the rules of bonus depreciation.For a multi-family apartment complex, changing the model of the bathroom exhaust fan to a variable speed could help qualify for the energy credit which is $2,000/unit.For a large apartment complex, installing a ceiling fan could allow you to qualify for 45L tax credits.For a hotel, if the porte-cochere is detached from the hotel building, it could be fully deductible in year one as it could be considered a land improvement.
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30 August 2021 | 4 replies
Investors have renovated a lot of SFRs and improved the condition of the housing stock but the higher rents are putting people out on the streets.
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1 September 2021 | 11 replies
Make sure the improvement would make your property valuable without overvalued for your neighborhood…any comps to look at?
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1 September 2021 | 7 replies
Also, I had bought a ticket for my wife to attend but due to staff shortage lately at the hospital she is working at, she is unable to go.
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7 September 2021 | 10 replies
@Mike Kroupa There used to be a tv show where decorators were given 2k to improve the appeal of a house on the market.
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1 September 2021 | 5 replies
However, you can certainly improve your chances at success by focusing on areas that may be better than others.
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6 September 2021 | 11 replies
The dissent agreed with the majority that the sale must include a permanent dwelling and that a principal-residence sale must include a home and improvements, but argued that the dwelling could be demolished and rebuilt as the petitioners had done, where even though the original house was gone, this would be defined as renovation of the original principal residence, not as a different residence, and not interrupt the 5-year period.
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21 March 2022 | 6 replies
From there, you'll know if you need to save more cash, improve credit score, or if you're ready to go.
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31 August 2021 | 8 replies
The dissent agreed with the majority that the sale must include a permanent dwelling and that a principal-residence sale must include a home and improvements, but argued that the dwelling could be demolished and rebuilt as the petitioners had done, where even though the original house was gone, this would be defined as renovation of the original principal residence, not as a different residence, and not interrupt the 5-year period.