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Results (10,000+)
Ethan Borshansky Can you 1031 Exchange into capital improvements?
2 January 2025 | 5 replies
Any capital improvements on a not owned yet property would involve a complex 1031 you’d want someone like @Dave Foster involved in. 
Colton D Lawrence Creative ways to Improve Debt-Income to Qualify for Loan Approval
12 January 2025 | 0 replies
Sure, I could look for a higher paying job, but I was wondering if anyone has any creative short-term methods to improve my ratio.
Alec Barnes How Do You Ensure Quality Tenants?
9 January 2025 | 12 replies
It’s astounding how many fake documents are circulating today—you can find everything from fake references and stolen Social Security numbers to falsified income documents.To combat this, we rely on tools like Plaid, Verifast, and Snappt, which are excellent for verifying financial information and detecting fraudulent activity.
Federico Dallo Seeking Advice on Property Investment for Renting - Budget of 300K
26 December 2024 | 10 replies
So feel free to DM me if you think I could help.The other reason for me to reply to you is to debunk some untruths that are being circulated about international investing, as it could help all readers who bump into this thread.It's not true that many European countries require you to be a citizen or a permanent resident to invest in real estate there and certainly not in the countries that you mentioned.
Troy Smith Refinance step of BRRR
13 January 2025 | 11 replies
It's a great way to showcase the improvements made and helps appraisers not miss stuff.
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.
Jonathan Baptiste Any advice on finding dependable contractors
13 January 2025 | 5 replies
I'm a pretty handy guy but this would be outside of my realm, but my experience helps me understand how much this type of improvement should cost.Improvements: remodel kitchen and bathroom, paint interior, fix exterior scafolding.How should I go about finding a contractor?
Garrett Brown This ONE Change Can Boost Your Airbnb Ranking
8 January 2025 | 22 replies
That’s why improving your Click-Through Rate (CTR) is one critical metric to focus on to boost your Airbnb profit and visibility.The key to improving your CTR?
Teslim Salami Cash Flowing Rental Property
12 January 2025 | 5 replies
Purchase price: $250,000 Cash invested: $14,000 I purchased and managed a rental property in Chicago, focusing on strategic improvements and tenant satisfaction to increase both its value and profitability.
John Davey Can you deduct interest (primary house) from a home equity loan to buy a rental?
3 January 2025 | 11 replies
The loan does need to be secured by the property being improved if we are talking about a personal residence and personal itemized deductions on Schedule A.