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Results (5,231+)
Nicholas Aiola Ask me (a CPA) anything about taxes relating to real estate
6 March 2025 | 2057 replies
According to my research a capital asset is:The IRS indicates what constitutes a real property capital improvement as follows:Fixing a defect or design flawCreating an addition, physical enlargement or expansionCreating an increase in capacity, productivity or efficiencyRebuilding property after the end of its economic useful lifeReplacing a major component or structural part of the propertyAdapting property to a new or different useA repair is as follows:Improvements that "keep" property in efficient operating conditionRestores the property to its previous conditionProtects the underlying property through routine maintenanceIncidental Repair to propertyReference is http://www.dbbllc.com/newsletters/focus/mar2012/irs-clarifies-capital-improvement-vs-repair-expenseNext time I will rent a small excavator, dig my own hole, and put on a Fernco.
Syman Scarpellino BRRRR INVEST ACADEMY (NATE BARGER)
19 February 2025 | 27 replies
Nate is routinely active in the chats answering questions and adding content.
Craig Sparling LLCs in Illinois - Secretary of State
20 February 2025 | 3 replies
I've done one LLC in Illinois and it was easy: $75 to the state, one web form, draft up some routine procedural docs etc. 
Bernie Margulies Air filters as a benefit for tenants?
18 February 2025 | 6 replies
It sounds like some folks think you are talking about a filter that is routinely part of a forced air HVAC system.
Bruce Woodruff Ideas for Off-Grid STR
20 February 2025 | 9 replies
We routinely pay $100-$150/night, because the solitude and unique experiences are completely worth it.
Mike Schorah How difficult is it to succeed at expireds part time?
18 February 2025 | 4 replies
Build the routine then you can get a dialer in a couple of weeks.Don't overthink the 'competition'... there is none.
Selali Kalevor The Hidden Cost of Every Real Estate Investor Faces: The Opportunity Cost of Time
14 February 2025 | 2 replies
Here’s how:Property Management: Outsource for $25/hour instead of spending your time on tenant issues.Administrative Tasks: Use virtual assistants for scheduling, bookkeeping, or paperwork.Maintenance Coordination: Delegate routine repairs to trusted contractors.The cost of outsourcing is often a fraction of what your time is worth, freeing you to focus on high-impact activities.
Kwanza P. Typical PM Rate for Distance Managing
5 February 2025 | 15 replies
15-20% for STR and MTR here in Alabama.We have a STR on Dauphin Island and that PM charges 24% but a "lot" of routine maintenance is covered in that.
Derek Green Good ways to keep up to date on the real estate market
5 February 2025 | 4 replies
I do my best to keep up with it and give them reliable information, but I'd really like a routine place to check each morning so I'm giving them the best and most up-to-date information possible.
Shayan Sameer New Rental Property Purchase - Out of State
7 February 2025 | 31 replies
Properties are routinely hitting right at the 1% mark and generating good returns for investors.