Nathan M kiefer
400k bonus - tax mitigation
26 November 2024 | 13 replies
Other than reduced bonus depreciation (if you're using that strategy), without any tax law changes, rates will be largely the same for 2025 as 2024, so you may not lose much by delaying receipt of the bonus by a month or two.
Parker Bullard
Trying to Break Even by Leveraging Equity
13 December 2024 | 7 replies
More work, more time but you can take advantage of a nice cost segregation / bonus depreciationThis is the truth!
Akshay Monga
H1B Couple Exploring Real Estate Investing: Seeking Strategy Advice and Networking
26 December 2024 | 7 replies
Positive cash flow would be a bonus.
Alec Nault
STR Property Partners - Property Management Group
9 December 2024 | 15 replies
Her contract says nothing about set up fees or early termination; I gave a generous offer to keep $400 as a design fee, but she sent me (2) $30 deadbolts and said the Technology Fee was non-refundable.There's other, better STR management companies out there.
Glenn McCrorey
I quit my job today
29 December 2024 | 253 replies
They are generous on the values so sometime my actual cash out of pocket is less than 15%, for example, I pay 102K for a house that appraises for 108K, the extra 6K they count towards my down payment so I get a mortgage for 91,800 because that's 85% of 108K and I write a check for about 10K.
Michael Plaks
EXPLAINED: can I apply "STR loophole" strategy in December?
11 December 2024 | 15 replies
New administration.As of now, 2024 bonus depreciation rate is 60%.
Hussain Harun
Switching FROM Quickbooks to other accounting sofwares (Xero, Freshbooks)
15 December 2024 | 25 replies
.- bonus points if I can have a separate business w/o having to pay 2x the cost, but it is what it is.- cost is an issue.
Melanie Baldridge
Power of Bonus Dep.
26 November 2024 | 2 replies
Someone I know bought a ranch to use as a short term rental property in 2021 for $1.7 million.Engineers did a virtual site visit, they were able to assign a value of $347,000 to either 5-7-15 year assets that were eligible for depreciation.In 2021, the bonus depreciation amount that you could take was 100%.This means that the owner could immediately deduct the full amount of eligible property in the year it was placed in service, rather than depreciating it over time.With that in mind, he took the full $347K deduction in his FIRST YEAR of ownership to offset taxable income from rentals.This was roughly ~20% of his purchase price.It was a big win for him.In 2024, the bonus depreciation rate is 60% so the calculation would be different.That said, you can still save and defer a ton.
Pearse Cafiero
New To Investing
31 December 2024 | 11 replies
The ADUs that the most experienced are adding leverage bonus density program or other such rules to add multiple units and for the most part they exit.
Justin Woods
Cost Segregation - Bonus Depreciation on House Hack
26 November 2024 | 13 replies
. :) You can't utilize bonus depreciation on anything <50% business use.