Samuel Koekkoek
Buying vs. Renting in San Diego
7 October 2024 | 8 replies
However, they've told me their daughter might move in next summer, so I'll likely need to find a new place in about a year.
Luis Herna
Deals Finder in Texas and Oklahoma need a license?
30 October 2024 | 0 replies
The RE law in Ok and Texas clearly states that an LCC employee can find eals and help in the transaction.
Philip Weaver
Real Estate Professional Status (REPS)
30 October 2024 | 1 reply
Unfortunately, the hours you spend managing your plumbing company likely wouldn’t count toward real estate professional status (REPS) hours.
Stefan St. Marie
How do you calculate gross revenue?
29 October 2024 | 9 replies
Is it what the guest pays?
Melanie Baldridge
If you want to be a real estate pro, you need to understand the TERMS:
9 October 2024 | 1 reply
It allows a substantial portion of the asset's cost to be deducted in the first year of service.In 2023, the bonus depreciation rate is 80%.In 2024, it decreases to 60%.In 2025, the rate further reduces to 40%.COST SEGREGATION:Cost segregation involves dividing a property into its individual components for tax purposes.Some parts age faster, like carpets or paint.Your CPA can use this info to more accurately depreciate elements of your property leading to potential tax savings.BASIS:Your basis is the initial price that you paid for your property, including any expenses or improvements.Knowing your basis is crucial for tax purposes, as it's used to evaluate depreciation & determine the capital gains or losses if/when your property sells.LAND VALUE:This is how much your land is worth without any buildings or improvements.Land doesn't get old like buildings, so you can't depreciate it.
Marco Murad
How to become a real estate developer
29 October 2024 | 6 replies
The way you become a developer is to find a project and make it happen.
Andre Brock
Good questions to ask out of state property mannagers?
9 October 2024 | 11 replies
- Will I have a dedicated property manager or rotate through a team?
Zachary Gray
Commercial Brokers in MA
31 October 2024 | 0 replies
Hi All,When sourcing larger commercial deals, who are the brokers that you connect with most prominently and what markets do they operate in?
Jason Guenther
My financial situation... what to do..?
3 October 2024 | 29 replies
We offset many of our living expenses through the rent which is helpful.
Dhwani Shah
Help me analyze this deal
6 October 2024 | 8 replies
Can someone help me analyze this deal: https://doorvest.com/homes/120... through the doorvest platform?