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17 February 2025 | 0 replies
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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10 February 2025 | 8 replies
Unless you have a Roth, you can easily pay much more in taxes by investing in real estate through an SDIRA.
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7 February 2025 | 16 replies
Quote from @Paige Gardner: Hello, I have a question regarding about one of my strategies to get started in real estate without using a lot of money.
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17 February 2025 | 40 replies
I've know him personally for years, had the opportunity to consult with him on both sides of the business and have to say he's the real deal.
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18 February 2025 | 16 replies
Why do you feel these posts contribute nothing to the forums when this particular forum is specifically designed to review real estate businesses?
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19 February 2025 | 0 replies
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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18 February 2025 | 7 replies
You might want to talk to a banker and real estate agent before deciding.
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17 February 2025 | 5 replies
My name is Renata Johnson and I'm returning to BiggerPockets to learn all about BRRRR method, along with other forms of Real Estate.
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25 February 2025 | 15 replies
Because they would never have the time to really grow real estate if they did one corporation for every property.
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26 February 2025 | 12 replies
This means that when you sell the property, your adjusted tax basis is lower, which increases the capital gain you must recognize.Additionally, any accelerated depreciation taken is subject to depreciation recapture at a higher tax rate (up to 25% for real estate assets) rather than being taxed as long-term capital gains.So, while cost segregation provides significant upfront tax savings, it also increases your capital gains tax liability upon sale unless you use a 1031 exchange or other tax-deferral strategies.You can find your current tax basis by reviewing your depreciation schedule (Form 4562) and prior years’ tax returns, specifically looking at your adjusted basis on Form 4797 (for sales of business property) or Schedule D (for capital gains and losses).Your CPA should be consulted prior to making any decisions.