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11 October 2024 | 8 replies
I’ve been in similar shoes, starting out small and gradually building up to handling larger projects.
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23 October 2024 | 4 replies
My wife and I are currently saving for our first property to rent out.
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26 October 2024 | 1 reply
Curious whether you have solved this yet?
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11 October 2024 | 17 replies
If you materially participate and rent for 7 days or less, and don't use it personally, this will be a non-passive activity and losses can be written against active income.
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13 October 2024 | 1 reply
Quote from @Melanie Baldridge: Reminder:Ground improvements qualify for bonus depreciation.This includes various landscaping.Roads and external parking areas.Sidewalks and pathways.Fences.Utility systems (including the installation or improvements to water, sewage, drainage, and electrical systems).Outdoor lighting.Rec facilities (like playgrounds, sports courts, and swimming pools).And more.It's a big category for depreciation/bonus depreciation that we love.Great material for 15 year life and eligible for bonus depreciation
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25 October 2024 | 8 replies
This was on Labor Day and I got a call from the neighbor with this picture.
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16 October 2024 | 4 replies
I checked with the state and the state will not allow utilities to be ran underwater to the property across the lake.
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11 October 2024 | 3 replies
There is a lot of potential in this market as livestocks are the backbone of Somali economy.
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11 October 2024 | 17 replies
Account Closed I think this is the key point.