
23 September 2024 | 4 replies
I got paired automatically with one (as you know they do at eXp) then they left the brokerage and got I paired with another.

22 September 2024 | 7 replies
Be a great time to turn around and use the cash for another down payment even on a turn key rental or another project since you seem to have success.Looks like your ARV will be right in line to pull out a $352K refinance at 80% LTV.

21 September 2024 | 2 replies
One thing we do as a human is speak at the pace of those we speak to or are raised by.

21 September 2024 | 71 replies
I would do 2 to 4 at a time for each borrower..

22 September 2024 | 13 replies
What are your thoughts on them trying again in this field and does this help hosts at all?

23 September 2024 | 7 replies
I'm looking at a community for people to move into and support each other, move of a progressive retirement type community, but we will not be in the city limits.I have thought about pulling one up beside my house and renting it;)

24 September 2024 | 11 replies
This setup will lead to higher tax prep fees and if you refinance these properties the IRS will consider this selling the property and you will have pay taxes at the end of the year on a property you didn't actually sell.I recommend finding an accountant who specializes in real estate taxation and tax planning and set up a paid consultation before you do anything.

22 September 2024 | 1 reply
On top of that, they can only loggin using Lodgify's PM website at pm.lodgify.com vs the more important app.lodgify.com site that has access to the inbox and calendar.

21 September 2024 | 1 reply
I might be eating these words later, but as far as I can tell, at least here on the Oregon Coast and beyond the market crash everyone is waiting has not materialized.

23 September 2024 | 6 replies
Bonus depreciation is just a special part of the US tax code.It allows you to take accelerated depreciation on portions of your property depending on when an asset is put into service.At the time of this writing, you can write off a huge portion (60% in 2024) of many qualified components that have a useful lifespan of 15 years or less.That means a certain percentage of things like landscaping, sidewalks, latches, appliances, fences, certain flooring, etc is depreciable in year 1.The bonus depreciation rate percentage changes yearly depending on the administration and the tax code.For years 2015 through 2017 first-year depreciation for all the items on a 15-year schedule or less was set to 50%.It was scheduled to go down to 40% in 2018 and 30% in 2019 and then 0% in 2020.But then Trump got elected, and he enacted the Tax Cuts and Jobs Act.That moved the bonus depreciation percentage to 100% from 2017 to 2022.In 2023 it went down to 80% and it’s currently at 60%.Depending on who gets elected again, 100% may be back on the table.Only time will tell.We know that the US government wants to incentivize more development and ownership of RE.They want Americans to continue to build and maintain our physical world.That’s why real estate is one of the most tax-advantaged assets in the US.Depreciation and bonus depreciation for RE are very positive and will likely continue in the years ahead.