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Results (1,564)
Hilary C. Do you want to help BiggerPockets become even better?
11 August 2019 | 159 replies
Clicking it will give you a drop down menu, one choice is Reanalyze this report as...And clicking that button will give you a choice of three other calculators to run it through.
Scott Trench BiggerPockets Chat is Now Live for EVERYONE!
29 May 2015 | 44 replies
There are still behavioural quirks using the site via mobile with either the stock browser or chrome.The most difficult with which to contend is the floating menu bar ...
Gerilyn Bristow Royal Legal Solutions Texas
12 June 2024 | 47 replies
So then I went to https://www.royallegalsolutions.com and called the number at the top of the page, listened to Scott narrate his own menu, and pressed #2 "to inquire about our services".
Michael Plaks EXPLAINED: Depreciation - myths & reality
4 June 2023 | 11 replies
It's easier to memorize the Starbucks menu or the NFL rosters.Section 179 basics- can deduct 100% of the cost in the 1st year- applies to 3-yr, 5-yr, 7-yr and 10-yr assets and "qualified improvement property" (a separate post would be needed to explain)- cannot create a net loss- minimum 50% business use required- other limits and restrictions applyBonus depreciation basics, as of today (mid-2023)- 100% of the cost in 2022, 80% in 2023, 60% in 2024, and so on until 0% in 2027- applies to assets with up to 20-yr life- can create a net lossBoth methods have their pros and cons, and choosing between them, as well as generally optimizing depreciation, is a job for an experienced accountant.Cost segregationWhat cost segregation accomplishes is extracting faster-depreciation property (as in 5-yr, 7-yr and 15-yr) out of slow-depreciation real property.