Zach Rumfield
Family cabin in the mountains next to a major ski resort. Why not AirBnB?
22 November 2024 | 15 replies
I can imagine that, with the wrong mindset, it could feel like an invasion or disrespect of your personal space.
Ashley Mierez
Why don't agents and investors like wholesalers??
25 November 2024 | 24 replies
Sounds like you “found your niche” in real estate Stephen.
Chris Seveney
Note Investing: Like Watching a Jerry Springer Episode Unfold
25 November 2024 | 13 replies
Just when I think I’ve seen it all, a due diligence case like this one lands on my desk.
Sara Schrader
I would like to start my short term rental business
22 November 2024 | 5 replies
I basically did this with one of properties www.cameronranchglamping.com It sounds like my exact blueprint to be honest.
Colby Leahon
In need of new Real estate investor operating system like, Reale-flow
25 November 2024 | 0 replies
I am searching for a platform like Reale-Flow or CO-star that has both residential and commercial leads.
Nicholas Dillon
I Would Like To Pay OFF 2 of my homes
15 November 2024 | 8 replies
Hey Nicholas, sounds like a pretty sweet situation you are in!
Melanie Baldridge
Understanding the IRS Section 179 Election
1 November 2024 | 0 replies
Section 179 of the Internal Revenue Code allows businesses to deduct the full purchase price of qualifying equipment and software up to an annual limit.In 2024, for example, taxpayers can expense up to $1,220,000 of qualified assets.This election can apply to many types of tangible personal property, such as machinery, equipment, and off-the-shelf software, which are used predominantly in your business.Limits on Section 179 ExpensingAs attractive as Section 179 may seem, there are limits.For tax year 2024, the maximum investment limit is set at $3,050,000.If your business places more than this amount in service, the amount you can expense is reduced dollar-for-dollar over this threshold.In addition to the dollar and investment limits, the amount of your Section 179 deduction cannot exceed your taxable business income for the year.This means that even if your business invests heavily in qualified property, the deduction could be limited by the business’s profitability.Also, not all property qualifies for Section 179.Real property, like buildings and structural components, generally does not qualify unless it is "qualified improvement property."
Fumi Maher
Seeking advice for aouse hacking strategy in Austin
5 November 2024 | 7 replies
Sometimes condos/townhomes are better at attracting young working professionals given that they are usually in more densely populated areas and often will have amenities that come with the HOA like pools, gyms, etc.
Jimmy Wellman
I'd like more specificity about the ROI on an average flip.
20 November 2024 | 5 replies
I've looked online for some information about the average % of the final home price vs. the price you purchase the home for and found that the home should be purchased for 70% of your home's final sale price. However...
Jonathan Feliciano
What's it like managing a rental property in East Cleveland?
4 November 2024 | 16 replies
However, I heard East Cleveland is a D to F class area.For those of you with rental properties at or near East Cleveland, what is it like managing rental properties over there?