It’s almost the finish of another calendar year! Have you become all your ducks in a row yet? It’ll soon be time for you to file your taxes return and ensure that your Investment Properties is prepared for the year ahead. Here are a few things that you may want to check out to reevaluate your progress and set new goals for next year.
Have you been postponing maintenance jobs on all of your properties? Are there any mortgages that you would like to refinance? Most likely not at this time, with the tightened limitations on financing requirements, but it’s a good idea to get in the habit of looking. See if you can get a lower rate on your insurance.
Have you paid (or isn’t it time to pay) your premises taxes? In the event that you haven’t already, get all of your tax preparation done. Gather all those receipts, balance your accounts, and put everything so you own it ready for your tax accountant collectively. There’s nothing worse than wanting to scramble a week before the deadline to get every receipt for the past year together. How’s your business operating? If a website is had by you, any kind of goals you want to meet with it? Is it time for a new design?
Are there any home based business tools you have been attempting to buy? Perhaps you have fulfilled your goals from last year? Year Be sure you sit back and write up your business goals for another. It could be helpful to grab your original business plan for property investing. Compare your original intend to how you’re doing now; this enables you to ensure you’re on the right course, or if there are any changes you need to make. Last, but not least, evaluate who you hired for Property Management. Essentially, consider the next questions: Are you pleased with the quality of their services? Are they doing everything you need them to do? Have they leveraged the correct technology? Perhaps you have received any complaints from tenants (potential or actual)?
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Non-residential consumers with grid connected renewable generation are exempt from these additional charges. Some believe that the standby charges are a disincentive, but most home installations are smaller than 10 kilowatts. As of June 2014, the total world wide web metered capacity of solar photovoltaic systems in Virginia was just over 12 megawatts.
This is much less than in neighboring Maryland, with 158 megawatts (MEA, 2014), and NEW YORK with 592 megawatts. Currently, Virginia law will not allow an authorized to install and own a renewable energy facility on a computer program customer’s property and sell the electricity customer the energy produced. To make solar leasing practical, there has to be enabling legislation and financial incentives.
At one time, Virginia citizens could sell their solar RECs, also known as SRECs, in NEW YORK, Maryland, Pennsylvania, and Washington, DC, to help electric utilities in those areas and the District meet their renewable collection mandates. However, at this time, Maryland and the District of Columbia no more allow out-of-state SRECs, and the SREC markets in Pennsylvania and North Carolina are oversupplied and the SRECs are almost worthless. The federal tax credit vanishes in 2016 and without additional financial incentives solar power is very costly to compete.