
31 January 2025 | 0 replies
Imagine making millions of dollars over the course of your career and then having to pay 30-50% every year to uncle sam instead of compounding that cash over time.This is exactly what real estate professionals have learned to mitigate.To reduce their taxable income, they just buy a building every year, do a cost seg, and use depreciation to reduce their tax liability dramatically.Their personal wealth snowball grows much larger and much faster than their W2 counterparts who give most of their money back to the government each year.Following this strategy as a real estate professional is one of best ways to end up with a much larger net worth at the end of your career.

13 February 2025 | 10 replies
I paid him the normal closing cost, a few $ grand in fees, and a slightly higher interest rate than I might could have gotten conventionally.

27 February 2025 | 19 replies
., you can tell it to write a JavaScript program that estimates what a cost segregation study would save, whether an S corporation makes sense, what return on investment a home generates and so on.

27 January 2025 | 6 replies
Again I cannot collect rent to justify this cost/effort.

13 January 2025 | 1 reply
To be brutally honest i don't care if it's at cost, below or above, I only care what it is exactly and how much.

2 February 2025 | 5 replies
I feel like there's still people trying to make BRRRR deals work close to the city and the truth is it's nearly impossible given prices, rates, and the cost of construction.

28 January 2025 | 12 replies
Hi Chris, As financing costs will be a big factor in determining profitability, you should be asking HMLs for proposals to fund.

12 January 2025 | 28 replies
Most cost segregation firms will provide a free cost/benefit analysis quote to help you determine if the tax benefits from the study will outweigh the costs.

30 January 2025 | 2 replies
Option 2: Electrician recommended mini splits - said 2 units should do the trick and would cost around $6-$7k.Heating system 2 is forced hot air oil furnace specifically for the 3rd unit.

4 February 2025 | 3 replies
Also your permitting process, type or land, grade of land, if underpinning is required will all play a factor into your cost.