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Results (10,000+)
Alexander Roussakov Financing for non-us citizens / overseas investors
31 January 2025 | 6 replies
You should consider private money!
Bruce M. Large RV or Boat - Tax incentives, Tax strategies
13 January 2025 | 7 replies
Section 179 deductions may apply to assets directly supporting your business, excluding personal-use components.This post does not create a CPA-Client relationship.
Bruce D. Kowal What REALLY Triggers IRS Attention in Real Estate Partnerships - From An Onlooker
29 January 2025 | 6 replies
Syndication Reporting IssuesMissing Form 8918 for reportable transactionsInconsistent investor disclosuresRequired registrations skippedWhat Doesn't Actually Matter:(Despite What Your Uncle's CPA Says)Special AllocationsNormal promote structuresStandard waterfall provisionsTypical developer promotesReality: Unless extremely aggressive, IRS rarely caresTechnical DocumentationMinor Ā§704(b) gapsCapital account glitchesTechnical allocation languageTruth: Unless hiding something biggerProperty Value AllocationsNormal basis step-upsTypical appreciation splitsStandard promote calculationsReal World Example:šŸ¢ 100-unit apartment complex4 partners, $5M dealDeveloper promote structure= Zero IRS interestSame Deal With Red Flags:šŸ¢ 100-unit apartment complexHidden partner arrangementsArtificial loss allocationsUnreported debt shifts= IRS AttentionPractical Protection Steps:Basic Documentationāœ… Clean operating agreementāœ… Economic substanceāœ… Partner contributions tracked(Don't need War & Peace complexity)Economic Realityāœ… Allocations match economicsāœ… Real money movementāœ… Actual partner participationClean Reportingāœ… Consistent K-1sāœ… Required forms filedāœ… Clear communicationThe "Sleep Well" Test:Can you explain your structure to an IRS agent without sweating?
Del Brady Can an introvert without a sales background succeed in REI?
14 January 2025 | 16 replies
I really appreciate the encouragement, support, and advice!
Anthony Chan Sold my rental condominium (~15 years in service) - DO I NEED FORM 3115 ?
7 February 2025 | 5 replies
If you had also spend money on renovations and improvements while occupying those should have gone into service then as well.Ā 
Byoung Bae First time REI out of state investor
19 February 2025 | 32 replies
If you don't get to know them and build some trust, you're just going to be dumb money or "the guy from California" that they up charge 20-100%.
Donnisha Jones New member looking to learn
27 January 2025 | 1 reply
Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.
Kaushik Sarkar Scaling your portfolio
26 January 2025 | 2 replies
Alternatively, investing in money markets is another consideration.
Jonathan Small DIY or hire help for taxes?
7 February 2025 | 9 replies
Sometimes, we tax professionals can save you a lot of money or save you from a major problem.
Emily Gowen When to sell vs hold rental properties that have appreciated?
25 January 2025 | 14 replies
Quote from @Emily Gowen: I only recommend investors sell when they can move the money to a better-performing investment or when the sale moves them closer to a specific goal.