We're updating the fencing, replacing a dated leaky porch entry, taking out a dead tree this year (2023). Can we business expense all of these projects in the same year. Or do these larger upgrades/updates need to be ...
Hey all, just about to close on our first property at just over $100k, talking to the CPA who we have used in the past he said he doesn't recommend doing a cost segregation because it would cost us about $3k for him t...
Just getting started and looking to use AirDNA to analyze what market I want to start with. Any thoughts? Also is access to AirDNA included in my Pro Subscription? I thought I saw that somewhere
Do you own the building of a restaurant, fast food, coffee shop, ice cream parlor or any other type of food and beverage company? If so, did you know many of the assets used in your business are eligible for accelerat...
Individual invests in multiple real estate properties for 5 years while running their business. In 2019 they buy more properties after they sell their business. They do NOT qualify for RE Pro status.In 2020 they quali...
I haven't been able to find out if the cost of the study itself, which can cost thousands of dollars, is tax deductible. If it is deductible, can the whole cost be deducted the year it is done? Thanks in advance! (The...
I want to move from residential to commercial real estate investing. I want to do deep study and some bootcamps before I even think about taking action (my personal approach to business). I've already decided on Linda...
Im 17 and in highschool (about to enter Senior year) and i want to be a Real Estate Agent. My question is if people can go from being a High school student to being a RE Agent? And also im not a U.S Citizen, does that...
I’m currently looking at a location to start a climate controlled self storage business. I found land that can fit a 50,000 sq foot building on for $500,000. How much would it cost to build a 50,000 sq foot building a...
This week, SCR released a short-term rental economic impact study in a press conference at the State House.The press conference highlighted the impact of the short-term rental market on the state's economy.SCR Preside...