9 October 2025 | 4 replies
What about using part of the proceeds for a business vehicle purchase or large equipment (printer, heat press, etc.) under Section 179 or bonus depreciation—could that layer in as well?
10 October 2025 | 28 replies
We don't encourage this, we do equip clients with full MLS access and ability to self-search and self-designate, but I get it why most don't.
13 October 2025 | 75 replies
Even though labor is cheap, sometimes equipment is cheaper.This ground with the "limestone" rocks will actually be better soil for the Teak trees versus straight Black soil.
28 September 2025 | 1 reply
Just a few challenges, The 4 bedroom house was not properly equipped with fire and safety equipment.
10 November 2025 | 48 replies
If by saying I am "too off center" you mean equipped and conditioned by those with 1st hand perspectives, yes I am.
26 September 2025 | 1 reply
When it comes to real estate, here's a general list of eligible assets and their depreciable lifespans that you should know: Residential Rental Property = 27.5 yearsThis includes any building or structure where 80% or more of its gross rental income is from residential units.That means:- Apartment buildings- Single-family rental homes- Duplexes, triplexes, and quadplexes- Mobile homes (used for residential rental)- Any kind of residential lodging facility where the primary purpose is long-term rentalCommercial Property = 39 yearsThis includes non-residential properties like:-Office buildings-Retail stores and shopping centers-Warehouses-Industrial complexes-Hotels and motels that do not qualify as residential rental propertyLand Improvements = 15 yearsThese include sidewalks, roads, fencing, some landscaping, and parking lots that are separate from the building.Personal Property = 5 or 7 yearsPersonal property used in a rental activity usually has a 5 or 7-year life.This includes most furniture, appliances, carpeting and various machinery.Qualified Improvement Property (QIP) = 15 yearsGenerally, this includes any improvements made to the interior of a non-residential building after the building was placed in service, excluding elevators, enlargements, and the internal structural framework.Computers and Related Peripheral Equipment = 5 yearsVehicles = 5 yearsNote that land itself is not depreciable.
25 September 2025 | 1 reply
Being ready isn’t about perfect timing—it’s about being equipped and confident enough to make the most of the timing you get.
24 September 2025 | 8 replies
As far as his office equipment, he should carry a policy (renters) or some sort of business policy to cover their items.
30 September 2025 | 6 replies
The solar panels may actually increase your insurance costs or create coverage gaps since they add roof penetrations and expensive equipment—verify your policy explicitly covers solar panel damage, removal/reinstallation after roof repairs, and inverter replacement.
28 September 2025 | 6 replies
Is there any equipment looking like one?