Francisco Milan
What has been your best category to invest in before the end of the year to lower....
18 December 2024 | 7 replies
Not as big of an impact today, but I can see Trump reinstating the full bonus depreciation idea and making it retroactive.
Michael Plaks
RANT: Preparing/Planning/Guessing for the 2nd Trump Tax Plan
19 December 2024 | 13 replies
I think we may see a return of bonus depreciation, but I doubt that it'd come without a cap of $1-2m, and a repeal of Sec. 179.
Scott MacComb
Contract with general contractor on house flip
31 December 2024 | 13 replies
We also try to incentivize early completion with bonuses and punish late completion with reduced payments, but in reality this often becomes challenging because of things outside the contractor’s control.Hope this helps you some.
Brody Veilleux
“BRRRR” a primary residence
23 December 2024 | 24 replies
Bonus Tip: Find a distressed HUD Home (google Hud Home Store) and you can buy a house for just $100 down!
Joe Au
Use HELOC to paydown mortgage fast
11 January 2025 | 420 replies
Those credit card points are looking like more of a bonus...Use a HELOC to buy more property.
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.
Brenda Allen
Favorite Direct Mail List Providers?
17 December 2024 | 0 replies
Any stats you can provide would be a bonus.
Rud Sev
High level of taxes for syndication
20 December 2024 | 20 replies
I could not find the answer I'm looking for when searching.The following example could be used:- Amount invested $100k- Preferred return (5 years): 8% or $8k- Disposition (Sale) (Year 5): $200kThis simple example assumes no cash flow beyond the preferred return, no cost segregation/bonus segregation, and doesn't take depreciation into account.Would the first 5 years of cash flow (preferred return) not be taxed, and only the remaining amount on the disposition would be taxed (e.g. $200k - $100k + 5 * $8k = $140k)?
Tinia James
Made no profit this year should I still file taxes?
20 December 2024 | 9 replies
A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.
Derek Buehner
Tax deductions on a remodel for a future STR while living in it.
16 December 2024 | 8 replies
QIP can be bonus depreciated.To maximize deductions, consider waiting to make improvements until after the property is converted to a rental.