Michael Plaks
DEBUNKED: EOY tax planning "tips and loopholes"
23 December 2024 | 12 replies
Aka fraud.Accelerated depreciation, bonus depreciation, Section 179.
Michael Hayes
CPAs Memphis area
12 December 2024 | 7 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.
Don Konipol
Can Real Estate be Purchased Below REAL Market Value?
16 December 2024 | 7 replies
They also did not know that their SS mangers were kiting $5K per month of rents so the rent roll made no sense and I got the bonus of the missing $$'s.
Jackson Harris
Starting Out In Phoenix At 24!
17 December 2024 | 12 replies
We've saved about $40k so far but with bonuses at the end of this year from our jobs we should be over $50k very soon.
Stuart Bartle
Ready to invest in first property rental
18 December 2024 | 24 replies
Trust me, out-of-state investors do this all the time here, and it works like a charm.Oh, and here’s a little bonus you might not have considered: buying in Florida means you also get access to some of the best beaches in the country.
David Martoyan
Making BRRRR truly work in 2024
17 December 2024 | 16 replies
It is very hard to find deals that can cash flow and generate a cash bonus in todays market with the current rents.To give you perspective: I bought a home for 200k or so, renovating for another 240k.
Glenn McCrorey
I quit my job today
29 December 2024 | 253 replies
I guess that is why so many people buy lottery tickets, to have a little nicer car to drive to work....I grew up watching my mom carefully invest in stocks that she held for decades and built a nice portfolio with, I could never understand people who would get a bonus and spend it rather then invest it.
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.
Bridger L Logan
Any success with rent by the room?
15 December 2024 | 59 replies
I turned the extra room without a bathroom into a workout room as a bonus amenity.
Kent Fang ching
Guidance on OOS markets to get into
24 December 2024 | 44 replies
Find you an agent with a team behind him of solid general contractors, lenders, and property managers as well as other necessary contacts that will make navigating the best neighborhoods for solid rentals that will help you achieve what your looking for (Under $180K for SFH and/or a duplex, cashflow, and $1500 - $2000 in monthly rent) Here is one extra bonus to add into the mix for your criteria..