When talking about cost segregation studies, a common confusion is the difference between reclassification and bonus depreciation and the role that each of them plays in terms of taxes. Let’s dive in.
Reclassificat...
After reading many post here on using an ozone generator to help eliminate apartment smells, I went ahead and purchased one.I have a unit that had a smell to it. Cleaned the walls, painted everything, replace carpet a...
I am looking to inject (contribute) some money into one of my LLC to finance some new acquisition this year.I am refinancing my home (that is under my own name) and will use the cash out as contribution into the LLC.I...
I just picked up a new rental about 2 weeks ago A nice 2/1 with a unfinished basement . Been going over everything , called my painter last week and he tells me he is swamped and cant get there for 3 weeks . Damn . I...
I once read (or heard) that everyone should have at least 7 different forms of passive income. Other than real estate, What are some of you doing to create passive income?
I currently own and opperate a small vendin...
I've tried to post this as a reply etc and it doesn't show up, so I'm trying it from new perspective!! I think it is worthwhile.
I promised my wife I'd work with her and be available to help with the income taxes ...
Anyone have any ideas how to spruce up the curb appeal on this 4/3 SFR in Tampa/Riverview?The color scheme is blah. I'm thinking a new trim color? Any suggestions? Should I paint the garage door and front door too?...
It seems like a natural succession for a large multifamily unit owner to also own their property management company. Agree or disagree? Why?
To Coin, or to Not to Coin. That is the Question
I am new to being a Landlord. I took Over a 7 unit building. All One bedroom units with no washer or dryer hookup. In the back of the building there is room to put...
Just curious what everyone thinks - cedar shingles or vinyl siding? My house is in the need of being resided. Currently, it is an owner-occupied 2 family but hope to move out in a year or so and keep it as a rental....