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21 May 2020 | 13 replies
I am able to offer my renters tons of TV options with no added monthly expense And as a bonus, you can now write off as a tax deduction 50% of your home cable package and your home Netflix account and your home Disney+ account and annual Amazon Prime fee etcI have used this as a method to increase my revenue and also increase my tax deductions, a total win-win to my bottom line
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1 May 2020 | 27 replies
You could potentially get your ordinary income tax down to $0 with the bonus depreciation.
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31 August 2020 | 22 replies
But suit yourself I realize that a lot of people on here are biased because real estate is their day job (specifically agents and property managers), but real estate is not always the best investment, especially now that the stock market has plunged & stocks are way cheaperYour goal should always be to buy the best assets at the best prices, and there are many asset categories to choose from, real estate is certainly not the only one
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20 April 2020 | 4 replies
The property has appreciated nicely (a bonus).
19 April 2020 | 2 replies
Does anyone know how I could possibly get my foot in the water and start a career in that category?
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21 April 2020 | 5 replies
Guaranteed rental income will be a huge bonus during this time!
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20 April 2020 | 8 replies
As you grow and expand and your business gets bigger and you gain more connections and insights you will naturally fall into other categories.
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20 April 2020 | 3 replies
Well, April's rents were all paid, and the stimulus checks and unemployment benefits (with $600 bonuses) have gone out since then.
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21 April 2020 | 8 replies
Then the rents coming in from other units are just bonus.
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21 April 2020 | 0 replies
The seller is holding a note on the property and I included a family friend on the deal where they will make an 8% annual return, plus a bonus payout after 8 years.