
1 November 2024 | 0 replies
Section 179 of the Internal Revenue Code allows businesses to deduct the full purchase price of qualifying equipment and software up to an annual limit.In 2024, for example, taxpayers can expense up to $1,220,000 of qualified assets.This election can apply to many types of tangible personal property, such as machinery, equipment, and off-the-shelf software, which are used predominantly in your business.Limits on Section 179 ExpensingAs attractive as Section 179 may seem, there are limits.For tax year 2024, the maximum investment limit is set at $3,050,000.If your business places more than this amount in service, the amount you can expense is reduced dollar-for-dollar over this threshold.In addition to the dollar and investment limits, the amount of your Section 179 deduction cannot exceed your taxable business income for the year.This means that even if your business invests heavily in qualified property, the deduction could be limited by the business’s profitability.Also, not all property qualifies for Section 179.Real property, like buildings and structural components, generally does not qualify unless it is "qualified improvement property."

16 October 2024 | 4 replies
I just think, if this urgent care center happens to own its own x-ray, or even better MRI, and part of that machinery was financed with LL TI allowance and the machine runs with the lease and is LL property, that could be a big reason why the rents are higher, and in suite why the sale price PSF is higher.

19 September 2018 | 24 replies
Add to this the uniquely corrupt bureaucratic environment of Baltimore City, Maryland (where I grew up)--and its creaky, barely functioning housing-voucher machinery.

26 July 2018 | 10 replies
Hahaha I love the ideas but the lot is some type of dirt business with a bunch of dump trucks and heavy machinery parked inside of the lot with lots of dump trucks coming in in an out all the times.
23 June 2018 | 6 replies
If you say nothing out of pity the wet machinery of scheming in this woman's brain will be unable to grasp that and will, in her dullness, grasp for the belief that yes, she managed to get one over on you, and that, to her, is an extraordinary triumph.

26 March 2018 | 2 replies
You need reliable labor, expensive machinery, a comfy reserve, and farming and farmland are probably one of the least profitable real estate investment strategies... at least from my sights.

26 February 2018 | 4 replies
I wonder if they were saying it costs about 10k for the materials to "print" the exterior walls or something, not counting the labor, overhead and machinery involved to build those walls...Not even counting the foundation, roof, utilities, trim, partition walls, doors, paint, etc.

1 January 2014 | 11 replies
We found placing machines in each unit puts the utilities in the hands of the tenants and makes it easy to identify any abuse to the machinery ... it also allows us to use better, lower priced, equipment.Now, in the larger buildings, its a different story - we have machines supplied by a local company on a revenue share arrangement.
22 January 2014 | 51 replies
If the closing agent fails to transfer the title to the farm machinery you and the seller agreed to exchange when you bought their farm, or any personal property for that matter, the title insurance will not apply.

1 July 2013 | 18 replies
Untimely or excessive noise or disruptive conduct, including but notlimited to, noise or disturbance caused by voices, radios, stereos, televisions, tools, machinery, equipment, motorized vehicles or animals.Any property which has been subject to revocation of a Residential Rental License Permit under this Ordinance shall not be eligible for a new or renewal Residential Rental License Permit for a period not less than three (3) years.