Karen Guzik
Is it ok to use the lease agreement that comes with the book bonus?
6 January 2025 | 0 replies
Just want to make sure it's ok to use the lease agreement since it says all rights reserved to bigger pockets. TIA
Steven Hsu
CPA in Dallas, TX
3 January 2025 | 5 replies
@Steven HsuBigger Pockets is a great place to find a real estate tax accountant.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.
Julio Gonzalez
Asset Classifications for Cost Segregation
7 January 2025 | 6 replies
Window AC units can indeed be treated as tangible personal property with a 5-yr life and be bonus-depreciated or deducted under Section 179.
Julio Gonzalez
Cost Segregation FAQ
31 December 2024 | 3 replies
Here’s an example of bonus depreciation.WHAT IS THE COST OF A COST SEGREGATION STUDY?
Todd David Crouch
Self Employed or W2??
12 January 2025 | 4 replies
Bonus, Overtime, and Commission income all typically need a 2 year average either at the same job or in the same line of work.
Santosh Bhor
House Hacking and Insurance?
3 January 2025 | 2 replies
With that comes different exposures and risks that they need to properly rate for.
Pat Quaranto
How do I go about finding VA work?
14 January 2025 | 4 replies
Larger brokerages sometimes are in need of administrative work, which could earn you a steady income while also getting exposure to the field.
Sharad Bagri
Umbrella Insurance for partnership
2 January 2025 | 2 replies
Companies like State Farm, Allstate, or Chubb often come up in conversations, but comparing quotes with independent brokers might give you the best value.Since you're in a general partnership, it”s critical to clearly define liability exposure.
Brian Stinson
Insurance deductibles for SFR
6 January 2025 | 5 replies
As it relates to habitation exposures, it appears that there may be a leveling off in premiums, rates, and deductibles here recently, but there's so many different variables that it's really hard to make a blanket prediction for 2025 (or the future).
David Morovitz
Sunrise Capital or Wellings Capital - MHP investment
30 December 2024 | 7 replies
It’s stable cashflow and long term appreciation and tons of accelerated bonus depreciation on taxes. like most anything in real estate it’s a long term play.