All Forum Posts by: Matt Garboden

@Ritch Bonisa Would you mind sharing those references with me, as well?

In general, yes they are capitalized and amortized, but below is a link to the relevant section on the IRS website. Scroll down to the Starting a Business section. 

https://www.irs.gov/publications/p535/ch08.html#en...

After that, if you've got specific questions, feel free to shoot me a message. 

It really does depend on what you're looking for, but Boise is pretty intriguing from both an investment and lifestyle standpoint. Population growth looks strong, reasonable prices, tons of cool stuff around, great weather, cheap flights to/from all the close major cities. 

Hey Peter,

I don't have any properties down there, but grew up in North Bend and have parents that still live there. I'd be happy to chat sometime if you're in need of general info or the like.

Best of luck!

@Derrick Aragon I'm not here to argue, but it is, by dictionary definition, a symbiotic relationship. Great thing about real estate is we can all walk our own path. Different strokes for different folks, man. You do you. 

@Derrick Aragon I do have several rental properties.

I think several other posters have turned my original comments into something of a straw man. 

I'm not strongly for or against the regulations that have been proposed. I get the need for tenant protections against drastic rent increases and no-cause evictions which cause chaos in the community. The 90-day notice of rent increase seems pretty reasonable, I'm more on the fence about the no-cause, cash for keys thing. 

I personally see the investor/tenant relationship as symbiotic rather than adversarial and think that railing against every protection like it's the end of the world is a bit silly. 

I'll second the OnPoint recommendation. Just got a line of credit with them and it was a very smooth process. Nice to work with, lots of branches around town. 

@Max Brunke Thanks for the thoughtful response. It's a complicated issue, on which it seems most people are content to stand on one side and yell at the other. 

 @Max Brunke I get it, those are valid statements, but isn't the commissioner's concern for rent affordability valid, as well? This isn't a vigilante legislator. There's a large portion of the city's population calling for something to be done. It feels as if you're dismissing one side of an equation. Is there something you would propose to help with this problem?

After all, the real estate market is a free one and if the returns desired aren't there, capital will flow elsewhere, prices come down, necessary rents come down, rinse, repeat. Correct?

I can very confidently state that Eudaly isn't working with big developers to pinch us small guys. Find good tenants, treat them like fellow human beings, and you'll be just fine.