Melanie Baldridge
What is MACRS classification?
10 January 2025 | 0 replies
In US tax law, the depreciable lifespan of an asset is defined by its MACRS classification which stands for “Modified Accelerated Cost Recovery System.”Under MACRS, depreciable assets are assigned to different classes, with each class having a specific recovery period.
Julio Gonzalez
Asset Classifications for Cost Segregation
7 January 2025 | 6 replies
What special purpose equipment do you have for an ADU/Office that required unique wiring for it to function?
Alicia Howard
RV Depreciation for 2024 taxes
15 January 2025 | 5 replies
@Alicia Howard Since your 5th wheel RV is used exclusively as a short-term rental property and does not move, its depreciation depends on its classification.
Connor Maillie
Hello BP Community!
20 January 2025 | 4 replies
As you go on your real estate journeySomething I would recommend for you is this website. https://www.areavibes.com/Use this rating and classification system I have created over time to get an idea of the "Class" for the area - A class B class & so onHere is my rating & classification for each livability score.80 and above A+78/79 A76/77 A-74/75 B+72/73 B70/71 B-68/69 C+66/67 C64/65 C-60/63 D59 and below F
Travis Hill
WHERE/HOW DETERMINES PROPERTY CLASS (A, B, C)?
23 January 2025 | 21 replies
I also think of property locations and property conditions having different classifications.
David Robertson
Young Entrepreneur Starting a Real Estate Company – Seeking Advice on Raising Capital
17 January 2025 | 4 replies
Furthermore, my advice is to pick a singular investment thesis or asset class. If
Rick Im
Discrepancies with public records
28 December 2024 | 4 replies
Functionally, it operates as a 2-story home since the downstairs area has multiple windows in each room and plenty of natural light.
Ashley Snider
Hello! Starting on square one!
6 January 2025 | 11 replies
Here is a recommendation I have for you as you begin to figure out what area you want to invest in.This website is a great reference point for figuring out what each area is like. https://www.areavibes.com/It gives you a total LIVABILITY score for each street and zip code & discusses crime rate, schoolsUse this rating and classification system I have created over time to get an idea of the "Class" for the area - A class B class & so onHere is my rating & classification for each livability score.80 and above A+78/79 A76/77 A-74/75 B+72/73 B70/71 B-68/69 C+66/67 C64/65 C-60/63 D59 and below FBest of luck and let me know if I can help answer any questions!
David Ondrich
Privvy vs Bigger Pocket Pro
22 January 2025 | 2 replies
Seems like they have a big overlap in functionality.
Kevin Waymire
Asset Management Help!
24 January 2025 | 6 replies
Asset Management is a HUGE undertaking on multifamily properties, and you can't rely just on a PM for most of the functions.