Julio Gonzalez
Cost Segregation Study on SFH in Iowa
6 February 2025 | 3 replies
Assets identified in this study include:Standard windows and doorsInterior ceilings and wallsBasic plumbing and electrical systemsBuilding structural elementsBasic HVAC componentsThis engineering-based cost segregation study included the following methodology:Physical Inspection through a site visitDocumentation review including architectural plans, accounting records and construction documentsA cost analysis which utilizes engineering principles in order to allocate costs to their applicable asset classificationsCalculation of the depreciation schedule using MACRSAs a reminder, bonus depreciation started to phase out in 2023.
Caroline C.
Florida condo board question - help for a non-board owner
1 February 2025 | 1 reply
You can review your HOA's governing documents, also known as the CC&Rs, to understand the proper procedures.
Bryce Nurding
Wait to Refinance, or do it now?
1 February 2025 | 5 replies
And an additional appraisal review ( like an AVM or BPO)
Wiley Hood
Are DIY cost segregations a good idea?
12 January 2025 | 28 replies
I have been able to review or been told of several audits (from other REI tax colleagues) related to cost segs in the last year or so- and of those none of DIY cost segs were allowed under audit.
Bruce D. Kowal
The §1245 Silver Lining: Turning Tax "Pain" into Strategic Gain
6 February 2025 | 3 replies
Here's how a seeming tax disaster turned into a strategic triumph.Picture this: You're sitting with your CPA, reviewing the sale of your residential rental property.
Elvon Bowman
First time acquisition
16 January 2025 | 12 replies
They often refer to it as 'certainty of close' when reviewing offers.3.
Remi Anders
Is only PO Box address acceptable in rental history?
30 January 2025 | 3 replies
And company VP gave good employment reference review from company email ID.
Nathan Johnson
Soon-to-be-retired teacher(3 years) and licensed builder next step suggestions
4 February 2025 | 2 replies
Sorry for the tough love, but not buying the above.You & your wife's salaries should cover your expenses, while the income from your remodeling gigs should be saved.Recommend you review EVERY dollar you made and what you spent it on in 2024.
Max Nelson
SF Based Real Estate Investor - Focused on helping people buy real estate with friend
5 February 2025 | 0 replies
I have spent the last few years working in the Pre-Fab ADU space and now working with a company called Live Near Friends and help people buy real estate with the purpose of living closer to the people they care about.