Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Classifieds
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 7 months ago on . Most recent reply

User Stats

16
Posts
2
Votes
Nick O.
  • Real Estate Investor
  • Scottsdale, AZ
2
Votes |
16
Posts

Tax pro fluent in STR cost seg bonus depreciation "loophole" in Phoenix Metro area?

Nick O.
  • Real Estate Investor
  • Scottsdale, AZ
Posted

I know it's not technically a loophole but looking for a local specialist with this. Appreciate any help.

Most Popular Reply

User Stats

8,153
Posts
3,695
Votes
Basit Siddiqi
  • Accountant
  • New York, NY
3,695
Votes |
8,153
Posts
Basit Siddiqi
  • Accountant
  • New York, NY
Replied

First have a conversation with an accountant to make sure you are taking the proper steps to treating your property as active instead of passive.

Then, have a conversation to see what steps you can take to accelerate as much losses into year 1(Furnishing the apartment + cost segregation study, etc)

Best of luck.

business profile image
Basit Siddiqi CPA
4.9 stars
79 Reviews

Loading replies...