Colin Masterson
New Real Estate Investor
16 February 2021 | 17 replies
The lack of wage tax is also a nice bonus assuming you don't work in the city.
Account Closed
DC Fawcett
25 October 2012 | 41 replies
He has a negotiator, and he has a BPO agent that he uses to go meet w/ the banks BPO agent when they go to the property.Nathan gives a cut of the spread to his negotiator and a bonus to his agents.
Alexander Schloe
Should we consider a lawsuit?
4 June 2021 | 32 replies
Sounds like you have stumbled into a bonus Airbnb Zoo experience opportunity.
Kimberly C.
New to STR, do cleaners do laundry onsite? If so, which washer & dryer are best?
29 October 2023 | 16 replies
Yeah @Sarah Kensinger, Speed Queen is pretty basic so the full water wash is either a bonus or a negative depending on how you look at it.
Jesse Crawford
Turno.com STR House Cleaner Market Place
6 June 2023 | 6 replies
With two cleaning resources it also helps to ensure that my contribution exceeds any other entities when utilizing the STR tax strategy to shift bonus depreciation losses to offset active W2 income!
Jason Wu
Question about Knoxville STR permit
12 September 2023 | 13 replies
The STR possibility is a bonus for buyers looking to STR the property, but I haven't heard of it adding value to a property.Now, I can see where the value could be higher due to a no longer available license or something like that.
Pete Fiannaca
Need Advice... Buying a vehicle as a business expense
7 September 2017 | 3 replies
In addition to a taxpayer's wages, salaries, tips, and other compensation, active business income includes the taxpayer's share of (1) ordinary proprietorship, partnership, or S corporation net income (or loss); (2) Section 1231 gains (or losses) from a trade or business; (3) Section 1245 and 1250 depreciation recapture from a trade or business; and (4) interest earned from working capital related to a trade or business2) You can also take bonus depreciation (50% depreciation the first year).
Joe Splitrock
Expensing a Vehicle for Rental Business
29 January 2022 | 1 reply
I believe there is a reduced section 179 and or bonus depreciation.
Cody Wageman
Real estate tax professional—questions to ask
14 January 2023 | 9 replies
For example, Idaho does not treat bonus depreciation the same way that the IRS does.