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Results (10,000+)
Melanie Baldridge What is MACRS classification?
10 January 2025 | 0 replies
When it comes to real estate, here's a general list of eligible assets and their depreciable lifespans that you should know: Residential Rental Property = 27.5 yearsThis includes any building or structure where 80% or more of its gross rental income is from residential units.That means:- Apartment buildings- Single-family rental homes- Duplexes, triplexes, and quadplexes- Mobile homes (used for residential rental)- Any kind of residential lodging facility where the primary purpose is long-term rentalCommercial Property = 39 yearsThis includes non-residential properties like:-Office buildings-Retail stores and shopping centers-Warehouses-Industrial complexes-Hotels and motels that do not qualify as residential rental propertyLand Improvements = 15 yearsThese include sidewalks, roads, fencing, some landscaping, and parking lots that are separate from the building.Personal Property = 5 or 7 yearsPersonal property used in a rental activity usually has a 5 or 7-year life.This includes most furniture, appliances, carpeting and various machinery.Qualified Improvement Property (QIP) = 15 yearsGenerally, this includes any improvements made to the interior of a non-residential building after the building was placed in service, excluding elevators, enlargements, and the internal structural framework.Computers and Related Peripheral Equipment = 5 yearsVehicles = 5 yearsNote that the land itself is not depreciable.
Ryan Rubel Short-term rental purchase, north county coastal. How realistic is this plan?
4 January 2025 | 5 replies
In Oceanside, New non-hosted STRs are prohibited outside of the Coastal Zone as of February 10, 2024.Most HOA's do not allow rentals less than 30 days so that is likely not an option unless you find a couple of places on the water that allow it but usually tough to find below $1M. 
Michael Plaks EXPLAINED: How to find a CPA focused on real estate
9 January 2025 | 20 replies
Do they provide good service, however you define it?
Mark Beekman Where can my LLC get a HELOC?
9 January 2025 | 15 replies
Big Banks like Wells Fargo, BOA, Citi, US Bank, and Chase utilize lending programs aimed to service large swaths of depositors.
Sebastian Nadal Screening for a roommate for the first time
7 January 2025 | 6 replies
I suggest using a service like Mayistay.
Kyle Carter How to build a out of state team
7 January 2025 | 8 replies
Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!
Cody Caswell Introduction - Investor and Interior Design Company Owner
3 January 2025 | 4 replies
Have you ever heard of host GPO?
Kris Lou Canadian Investing in Indianapolis
7 January 2025 | 9 replies
Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!
Paul Stewart STR Life- Remitting and paying Taxes
16 January 2025 | 11 replies
The fee for this service is basically passed down to the guest one way or another.
Duncan Forbes Would like Suggestions on Foreclosure Buying
11 January 2025 | 31 replies
are there services in NY that provide this info..