All Forum Posts by: John Malone

@Gil Enav it certainly could but there are nuances. Not all renovations would be eligible for accelerated depreciation but some could.

@Rich Hupper this is a great question!

Technically speaking, a “strategist” is just branding. As a lawyer focusing on tax planning, l can say I’m a strategist as well along with my CPA partner but its more of a way to show prospects what we focus on.

However, you’ll want to look for companies who are focused on year round proactive planning for RE investors vs a pure 1X compliance model in your situation. Hope this helps!

@Jillyan MacMorris Id agree with Michael. Cardone may say that $18k course should be expensed but if you have 1 asset, Id be aware of whether the education is necessary to maintain it!

@Pierre E. Normally you should go with Date in Service forward. Prior to that, it is unlikely (but not impossible) a business activity has commenced.

Where investor hours will not count, due diligence and acquisition time could count for Material Participation.

We have seen 5G activity pick up amongst our clients and those in metro/urban areas.  Certainly an interesting opportunity! 

 It never hurts to get a free feasibility analysis and then run it by your tax advisor as well.