I don't give on my net after depreciation ect, but I also don't give on the 50K I spend on a unit's rehab.

Hello, I was looking for information on how to get into Real Estate and landed on bigger pockets podcast.

You may have to look at a lot of deals to find a good one...We've walked away from far more than we've purchased because the sellers maywant to hold firm on their asking prices (even when DD identifies majorrepairs).

But if you have enough room to expand the warehouse portion of the pemb, the topo is level, not hitting on a setback or ROW, an easement, etc…..then why not expand?

I'd want it to be able to generate P&Ls and Balance sheets for separate properties, and be able to accommodate multiple LLCs on one login. 

It's about 2-3 pages and says "Note" at the topPlease keep in mind this is based on today's no cost rate which changes based on the market Should you have any questions or require any assistance regarding this process, please do not hesitate to reach out to me.

@Brett JurgensSolar on my house would be around $40k and my electric bill is not even 200.

Hello all, I'm curious how much the HUD will actually pay compared to the 40th percentile rents posted on their site.I'm aware of the different amounts each tenant will cover in terms of their portion of the rent, but I'm not sure if the HUD will actually agree to my rent price.I've been taking the stated FMR for the bedroom count, and taking 20% off the number stated (to be conservative as to what the HUD will accept).

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."

@Pradeep RoyI'd prefer LVP, but that certainly wouldn't be an issue for me if my overall numbers/returns on the deal met my criteria.