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28 October 2024 | 6 replies
I might use it to buy a property that I fix up and refinance out of to pay off the HELOC.
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7 October 2024 | 6 replies
Looking to connect with some agents and investors in the Beaufort, Bluffton, or Hilton Head area.
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6 October 2024 | 3 replies
they need one of those and their license needs to be mentioned on the first page of their website.
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28 October 2024 | 2 replies
The location is prime—adjacent to a college that has experienced 37% population growth over the past five years.
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28 October 2024 | 2 replies
I have a great opportunity for a fix and flip in Tampa but I’ve never bought out there and a little worried about the sellers market with the devastation right now.
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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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28 October 2024 | 4 replies
Wondering if you have any particular online companies you recommend that checks evictions, credit reports, collects rents, provides a lease, etc... all in one place. what are some of the pros and cons you have experienced with each company. thanks
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28 October 2024 | 5 replies
The design & architecture firm I work for is HQed in Sarasota.
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28 October 2024 | 3 replies
I'm interested in exploring cash flow rentals, BRRRR, fix and flips, and new construction projects.As a newbie, I'm eager to learn and would love the opportunity to connect with experienced investors.
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28 October 2024 | 3 replies
I'm new to the investing business.