kjcordell
Registered: 05/13/08
Posts: 1
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Reply with quote | #1 |
Landlords!
If you have purchased a residential income producing property in the last two years, I can show you how to increase your cash flow, document your assets, and pay less taxes to the IRS - legally - by getting a Chattel Appraisal. Owners of commercial buildings have been using this strategy for years and now it is time for owners of residential properties to benefit as well.
As part of the Economic Stimulus package of 2008, there is even more incentive to buy an income producing property this year.
Visit my website: http://www.mercurychattel.com or email me for more details.
kcordell@mercurychattel.com.
Thanks
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Kevin Cordell
kcordell@mercurychattel.com
http://www.mercurychattel.com |
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T_ReX
Registered: 04/07/08
Posts: 8
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Reply with quote | #2 |
This is really not an "advanced" tax strategy, most commercial property owners have been doing cost segregation for many years.
Many people don't do it on their residential rentals (under $1M) because the cost outweighs the benefit.
You can do your own asset separation for FREE using DepreciateEm.com.
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monsterb
Registered: 06/29/08
Posts: 1
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Reply with quote | #3 |
I have a rental property and the lease expires in 2 months. Are there rules as to how much I can raise rents? |
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OHlandlord
Registered: 01/20/07
Posts: 1,836
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Reply with quote | #4 |
Monsterb, unless you are under rent control or there are local ordinances, there is no limit to the amount of increase you can schedule. Keep in mind though, you may lose your tenants if you raise the rent too high all at once. You should give notice soon, as Washington state requires at least a 30 day notice of rent increases or other change in terms. |
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