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11 October 2024 | 21 replies
In Pennsylvania you need to be a real estate agent/broker to work as a property manager unless you are managing your own property or unless you are a w2 employee of the owner.
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9 October 2024 | 0 replies
This expansion comes as OpenAI's workforce has more than doubled, and it plans to hire 500 more employees by year’s end.
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11 October 2024 | 4 replies
But if “by doing” he means investing without first having the knowledge to KNOW the risks, EVALUATE the risks (and potential rewards) and to TAKE ACTION to reduce the risks then the cost of this learn by doing education is probably going to be significantly more expensive than a degree in real estate from MIT, let alone reading the\ree or four texts on your own.
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8 October 2024 | 12 replies
Hi everyone,I'm currently evaluating an opportunity to remotely manage 30 single-family homes located out of state.
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11 October 2024 | 7 replies
So, let’s evaluate.
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10 October 2024 | 2 replies
This strategy requires careful planning, from evaluating potential properties to ensuring that your rehab costs don’t spiral out of control.
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10 October 2024 | 10 replies
You’ll want to understand key metrics like cash-on-cash return and cap rates to evaluate deals properly.For flips, it’s all about finding properties where you can add value through renovations and sell for a profit.
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14 October 2024 | 37 replies
Do these plans have a minimum # employees requirement?
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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.
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11 October 2024 | 17 replies
We are not hourly workers , but business owners , our employees are hourly workers .