Jun Lopez
Looking for an accountant in the area
16 February 2024 | 12 replies
The good thing about Jacksonville, FL is that Florida does not have a state income tax.Georgia does have a state income tax.The one important thing to recognize about Georgia is that they don't recognize bonus depreciation.
Julio Gonzalez
Cost Segregation Example on California Apartment
16 February 2024 | 3 replies
Thanks to the Cost Segregation Study, the property investors accelerated the depreciation that the first year depreciation was approximately $356,000.The use of the accelerated depreciation strategy helps real estate investors to reduce the tax liability immediately which therefore increases their bottom line due to the offsetting of income.
Michael Abasiekong
Show Me the Money: Tracking Rental Property Income and Expenses
14 February 2024 | 0 replies
One way to do this is by carefully keeping track of all the income and expenses related to your business.
Angelo Cortez
Claim paintings as furnishings for STR for Schedule C?
16 February 2024 | 6 replies
@Angelo CortezMost STRs report income and expenses on an IRS Schedule E (not Schedule C) unless your STR is offering "substantial services"-> for example, concierge services or a butler to guests.
David Green
Using IRA to buy rental property
16 February 2024 | 26 replies
If I open a conventional SDIRA, buy a rental property, have monthly rental income go back into the SDIRA and then take the rental income as a disbursement, will I have to pay income tax on that money at the end of the year?
Daniel M.
Cutting Through the NOI Chaos: Let's Set the Record Straight!
16 February 2024 | 2 replies
I've come across a bit of a conundrum: conflicting information on how to calculate Net Operating Income (NOI).Every article and book I read has a different take.
Aaron May
Does anyone have experience with Exposure Limit borrowing ?
16 February 2024 | 1 reply
I'm still learning about this type of lending but the appeal to me is that they don't consider personal income or tax returns, it does not need personal debt-to-income ratio qualifications, it's collateral based borrowing..
Chadwick Gonsalvez
Submarket Research Process Help
16 February 2024 | 0 replies
3) SM Property Value Appreciation Trends4) SM Pop Growth5) Safety compared to the rest of Dallas6) Income - median and avg7) Rent Cost - median and avg8) Rent Growth Trends9) What percentage of population under poverty line10) What percentage of pop are families 11) What percentage of population are families w kids12) Avg people in a household12) historical vacancy rate13) avg bed/bathroom composition14) Profession by percentage 15) Commuter population by percentage and commute timeThanks y'all!
Aidan Alexandre
Where To Borrow For LLC
16 February 2024 | 4 replies
Should we attempt to lower the debt to income ratio, and get the HELOC increased to give us more wiggle room?
Artur A.
What is the best area to invest in Mexico?
16 February 2024 | 22 replies
For example, in Tulum, we now find ourselves in an oversupply situation, which is going to get much worse so I wouldn't surprised to see prices going down in coming years.In Baja California Sur, price appreciation was actually well above 10% during and right after the pandemic but it has returned to normal levels now.2.