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Results (10,000+)
Sylvia Castellanos What costs do I have to deduct from what I am paid for a property?
14 October 2024 | 19 replies
I really need to have reference material like that.I am aware of the issues you helpfully mention, and my intention is to pay Tax Title Services to address all that.
Melanie Baldridge Ground improvements qualify for bonus depreciation!
13 October 2024 | 1 reply
Quote from @Melanie Baldridge: Reminder:Ground improvements qualify for bonus depreciation.This includes various landscaping.Roads and external parking areas.Sidewalks and pathways.Fences.Utility systems (including the installation or improvements to water, sewage, drainage, and electrical systems).Outdoor lighting.Rec facilities (like playgrounds, sports courts, and swimming pools).And more.It's a big category for depreciation/bonus depreciation that we love.Great material for 15 year life and eligible for bonus depreciation  
Mark Mayton Tax Sale Overages Courses
16 October 2024 | 27 replies
the only ones that make this work are LAWYERS and PRIVATE Detective type companies .. the only ONE"S making money on this are these guys just dusting off OLD material joining the modern SM craze to suck in newbies that think they found some new system  LOL.. 
Kegan Brenner What does diversification look like to you!?
14 October 2024 | 37 replies
Not at all and history shows elsewise, but I don't see this going anywhere than yet another pointless internet argument--so good luck!
Alfredo Cardenas Reps Status (via wife) & Material Participation to offset W-2
7 October 2024 | 20 replies
I guess the part I'm not understanding is that it sounds you can combine their time for material participation (which is 500 hours), but not for the 750 hours required for REPS...but 750 > 500, if you meet the 750 hours, you already passed the 500 hours for material participation.Or you can get 500 hours combined material participation, but then one spouse needs an additional 250 hours of "non-material participation" (??)
Sakarya A. Somalia Mogadishu landowner at 23
11 October 2024 | 3 replies
The cost to run is negligible as fuel is very cheap as well as manual labour and materials are also cheap and we grow as much of it as we can.
Maria Diaz contractor best practices
11 October 2024 | 17 replies
You supply the contractors materials to save money .There is also the impression if you are an "investor" , contractors will give you a better price.
Kyle Swengel Who Else is Doing Mid-Term Rentals in Tucson AZ?
13 October 2024 | 11 replies
The other thing to keep in mind is that you will have to keep a supply closer or room with your extra bedding and materials and a checklist for you cleaning person to run when they turn the unit, as well as a smooth process to screen, lease sign, and collect payment from the guest.
Henry T. CPA, STR deductions and losses.
11 October 2024 | 17 replies
If you materially participate and rent for 7 days or less, and don't use it personally, this will be a non-passive activity and losses can be written against active income. 
Hieu Bui Estimating rehab cost for a duplex
11 October 2024 | 26 replies
Like material cost only.