Is it just me or is the membership on this site accelerating based on the number of people registered? Any idea what is driving this if it is indeed the case?
Started working with a new firm that takes advantage of accelerated depreciation. Seems like a very interesting concept and was wondering if anyone has any experience with it?Basically depreciating a house over 5 year...
Hi Team,
Some background: This year bought my first investment property(duplex) in Chicago suburbs. It all went well, its rented and cash-flowing now. The numbers are good and no concerns so far. Bought second proper...
Good afternoon, I’m a relatively new member to BP (have been doing a lot of reading on the site, but this is my first post), and I’m looking for advice on strategies to accelerate the growth of my business. I am prima...
Hey guys,I understand that with a residential rental property, we are able to depreciate the house, not land for 27.5 years. My accountant told me that he would be able to accelerate the depreciation up front during t...
I have heard that depreciation can be accelerated on all but the land - which cannot be depreciated at all. After some investigation, it appears that even the building itself can only be depreciated for 27.5 years an...
Does anyone have a good checklist of items that can be included in the accelerated depreciation method? I.e. fans, furniture, etc, etc,. What are the depreciation rates for each?What are the amounts for each that you ...
Hi,
I've known about this for some time but wasn't very open to it in the past. Much more open to it now.
I was approached by someone that has develop his own "Australian bank" program. In a nut shell: you use fund...
I’ve been buying rentals for 4 years. I’ve averaged it purchased every 9 months. I have just enough working capital to leverage my way through a project and then cash out refi.I want to move on to doing larger multi ...
My company purchased a first lien home equity nonperforming note in Texas years back. It took us six months (should have only taken 30 days) to receive the paperwork from the financial institution we purchased the not...