Discover the Magic of Bonus Depreciation
The IRS instituted Bonus Depreciation in September of 2017, allowing you to depreciate 20-40% of the depreciable value in the 1st year.
Using Due Diligence to Avoid Losing Money
Once you start the underwriting process for target acquisitions, the due diligence process begins. There are somethings you do not need to do until you have it under contract. The goal is to identify possible issues as early on as possible. This way, you waste as little time as possible.
4 Key Steps to Determine Future Rent
When first analyzing a deal, one of the first things we look at is the current average rents. Are these average rents low, at market, or possibly too high (usually a good sign of them being too high is a higher vacancy)?
Smart & Effective Rent Increase Strategies
When looking at new deals or analyzing where we are with current asset rents, we compare how our properties are doing against the market. We find it more art than science when setting the appropriate rates.
Offsetting Income with Passive Paper Losses
This article will dig into four ways you can use paper losses from accelerated depreciation to offset other income. We will also discuss what can be done with those losses.