
18 December 2024 | 12 replies
I think he was upset because I used him in the past and he may have expected that I would continue with his services.

18 December 2024 | 2 replies
This will allow the team to develop and review project processes and management strategies to move forward with more challenging, yet rewarding, properties.I come from a very process-oriented background (Mechanical Engineering), and my goal is to learn and develop each step of the process, from start to finish, to continuously improve the team and ROI of each project.

18 December 2024 | 3 replies
However, I didn't continue this since I couldn't find any deals that would allow me to do a full cash-out refinance.

28 December 2024 | 23 replies
So i continue because i enjoy it.

19 December 2024 | 2 replies
But Im heavily lacking true mentorship to take me to my intended goal of reaching the financial independence community so I can continue to gain more of my freedom and time with loved ones!

16 December 2024 | 0 replies
Bonus depreciation is just a special part of the US tax code.It allows you to take accelerated depreciation on portions of your property depending on when an asset is put into service.At the time of this writing, you can write off a huge portion (60% in 2024) of many qualified components that have a useful lifespan of 15 years or less.That means a certain percentage of things like landscaping, sidewalks, latches, appliances, fences, certain flooring, etc is depreciable in year 1.The bonus depreciation rate percentage changes yearly depending on the administration and the tax code.For years 2015 through 2017 first-year depreciation for all the items on a 15-year schedule or less was set to 50%.It was scheduled to go down to 40% in 2018 and 30% in 2019 and then 0% in 2020.But then Trump got elected, and he enacted the Tax Cuts and Jobs Act.That moved the bonus depreciation percentage to 100% from 2017 to 2022.In 2023 it went down to 80% and it’s currently at 60%.Depending on who gets elected again, 100% may be back on the table.Only time will tell.We know that the US government wants to incentivize more development and ownership of RE.They want Americans to continue to build and maintain our physical world.That’s why real estate is one of the most tax-advantaged assets in the US.Depreciation and bonus depreciation for RE are very positive and will likely continue in the years ahead.

18 December 2024 | 2 replies
Stay away from the condos as they are going to continue to have higher HOA's and insurances going forward in Florida.

17 December 2024 | 2 replies
This potential merger could significantly reshape the U.S. convenience store landscape, continuing the industry’s trend of growth through acquisitions.

16 December 2024 | 3 replies
And continue the process.

19 December 2024 | 21 replies
Appreciation is occurring and I suspect will continue as the market strengthens.