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2 November 2024 | 0 replies
This months zip codes all produced an ROI of 7%!
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1 November 2024 | 1 reply
Sold the home to two women in my Women's Real Estate Investors Network (WREIN) that are currently renovating it.
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13 November 2024 | 2 replies
They sign the contract, hoping to find a buyer willing to take it on.Instead, go in with a maximum offer in mind from the start.
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1 November 2024 | 4 replies
I just picked up the book on investing in real estate with no (and low) money down.
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14 November 2024 | 3 replies
Heloc or DSCR HELOC so you can operate with cash in hand.
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2 November 2024 | 1 reply
The paint in the kitchen had grease stains and many water marks and looked horrible.
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22 October 2024 | 3 replies
I'm trying to buy, fix, and rent real estate and created an LLC with my partner who is putting up most of the capital but he will not handle operations at all. In
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31 October 2024 | 14 replies
***Columbus Agents right now*** Columbus Uber drivers* I was gonna drop the white couch meme, but I figured I'd end up in BP jail for that one.
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1 November 2024 | 0 replies
Section 179 of the Internal Revenue Code allows businesses to deduct the full purchase price of qualifying equipment and software up to an annual limit.In 2024, for example, taxpayers can expense up to $1,220,000 of qualified assets.This election can apply to many types of tangible personal property, such as machinery, equipment, and off-the-shelf software, which are used predominantly in your business.Limits on Section 179 ExpensingAs attractive as Section 179 may seem, there are limits.For tax year 2024, the maximum investment limit is set at $3,050,000.If your business places more than this amount in service, the amount you can expense is reduced dollar-for-dollar over this threshold.In addition to the dollar and investment limits, the amount of your Section 179 deduction cannot exceed your taxable business income for the year.This means that even if your business invests heavily in qualified property, the deduction could be limited by the business’s profitability.Also, not all property qualifies for Section 179.Real property, like buildings and structural components, generally does not qualify unless it is "qualified improvement property."
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13 November 2024 | 8 replies
What type of trouble am I in?