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15 October 2024 | 6 replies
I'm looking to invest in Cincinnati for the very first time.
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15 October 2024 | 8 replies
The key to this tactic is finding a landlord in the right spot.
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30 October 2024 | 1 reply
What is the customer demographic that is driving STR/MTR in Fargo?
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14 October 2024 | 9 replies
To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!
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4 October 2024 | 9 replies
The problem is you don't know if someone just made a large deposit to make them look good and then the money is gone after they move in.
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13 October 2024 | 7 replies
:) Whew, now I just need the confidence and bravery to dive in.
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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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14 October 2024 | 3 replies
Hi guys,I’m looking at a property in Austin and working out the cash on cash return so I can make sure it’s a good investment for an AirBnB.