
8 November 2024 | 4 replies
While contractor availability and supply chain slowdowns are challenges, they plan ahead by securing labor and materials early and building in project buffers.

8 November 2024 | 3 replies
Welcome to BiggerPockets Rayel and best of luck investing!

24 November 2024 | 2 replies
I am a small time landlord with a few local SFH rentals, and would like to register a “free account” with them that I keep reading about in the forums.

1 November 2024 | 0 replies
Section 179 of the Internal Revenue Code allows businesses to deduct the full purchase price of qualifying equipment and software up to an annual limit.In 2024, for example, taxpayers can expense up to $1,220,000 of qualified assets.This election can apply to many types of tangible personal property, such as machinery, equipment, and off-the-shelf software, which are used predominantly in your business.Limits on Section 179 ExpensingAs attractive as Section 179 may seem, there are limits.For tax year 2024, the maximum investment limit is set at $3,050,000.If your business places more than this amount in service, the amount you can expense is reduced dollar-for-dollar over this threshold.In addition to the dollar and investment limits, the amount of your Section 179 deduction cannot exceed your taxable business income for the year.This means that even if your business invests heavily in qualified property, the deduction could be limited by the business’s profitability.Also, not all property qualifies for Section 179.Real property, like buildings and structural components, generally does not qualify unless it is "qualified improvement property."

28 October 2024 | 23 replies
Even the best agent has a slim chance of converting even one of these leads to a paycheck.

27 October 2024 | 23 replies
In this particular property the GFCIs were on the circuit breakers which is acceptable by code.

9 November 2024 | 9 replies
Everyone says that you can do it with 0 % down but you really have to have your network down in order to be able to do that.

3 November 2024 | 8 replies
So I am managing a condo for rent in Orlando remotely.

3 November 2024 | 11 replies
I bought a place and the seller had to put in a new septic field, rest of it was fine.

31 October 2024 | 18 replies
FYI: most cities won't allow a tenant to live in a basement, but they don't care that an owner lives in it.