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Results (8,108+)
Julio Gonzalez Asset Classifications for Cost Segregation
7 January 2025 | 6 replies
I special purpose equipment setup. 
Hunter Purnell New Real Estate Agent in Palm beach County
11 January 2025 | 3 replies
I was previously in construction equipment rentals and did real estate on the side.
Keira Hamilton What I Learned from Owning and Selling a Laundromat – Exploring a Different Asset Cla
6 January 2025 | 31 replies
If the age of your equipment is older, or it stops functioning, those repairs can also add up.
Bruce M. Large RV or Boat - Tax incentives, Tax strategies
13 January 2025 | 7 replies
It seems a stretch to pay for the Rig with Section 179.I would have development equipment onboard and dedicate a portion of the space to developmentI could put the companies logo on the side as advertisementGiven this, what tax strategies are actually practical?
Melanie Baldridge Did you know this about Gas Stations?
14 January 2025 | 2 replies
The tax advantages of buying/holding gas stations are pretty great.Many of the components of gas stations including pumps, tanks, external parking areas, and other equipment are classified as either 5 or 15 year property so you can bonus depreciate a lot of it (minus the land value) and get significant deductions in year 1.With the 2025 bonus depreciation rate at 40%, a $1 million gas station acquisition could still lead to $100K+ in year 1 deductions depending on the specifics of your deal.
Chris C. Anyone have experience with Elite Funding Group LLC
10 January 2025 | 16 replies
their website says they do equipment financing no mention of real estate financing. ???
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.
Charlie Loomis From Master Metered to Indivdual
13 January 2025 | 5 replies
My park is in Oklahoma, and I am wanting to start with metering the water individually any advice about best metering equipment for the money would be appreciated. 
Rafael Valdor Renting out my townhouse: DIY vs. PM vs. Realtor
11 January 2025 | 14 replies
Leasing is a specialized skill—PMs deal with this daily, making them far better equipped to handle applications, verify income, conduct background checks, and evaluate a tenant’s overall suitability.Protecting Your Investment:The cost of a bad tenant can be far greater than the cost of hiring a professional.
Mitch M. What happens to a solar lease in California AFTER Foreclosure?
26 December 2024 | 2 replies
These contracts are both dated 2019 and appear to be lease agreements for solar equipment that I, nor the mortgage lender, were ever a party to.