Chris Shon
Do I need a Real Estate Tax Accountant?
10 January 2025 | 16 replies
Bigger 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.
Timothy Franklin
STR sub-to/ portfolio
1 January 2025 | 26 replies
I have done extensive research in the risks, how to structure such deals to mitigate those risks as effectively as possible, and legal considerations of each strategy.
Paloma Wodehouse
High Priced First Buy
8 January 2025 | 9 replies
I’ve seen many investor clients use 1031 exchanges effectively.. just be sure to get specialized tax advice.
Hayat- Hyatt Barron
New Jersey Investor Seeking to Build Passive Income—Let’s Connect!
4 January 2025 | 12 replies
Really about growing a strong portfolio of solid deals.Now that being said, if you are a high income earner, well qualified, and can't find reasonably good deals: (i) you can connect with a well connected real estate agent for off-market deals; (ii) you might do a very narrow cost-effective cold call or letter writing.
Steve Englehart
Cashing out IRA to buy rental properties.
3 January 2025 | 45 replies
What experience does he have in real estate or in selecting investments in his IRA?
Bob Dole
Cost Segregation -- What is the true benefit of the accelerated depreciation?
9 January 2025 | 32 replies
Then, at death, the property’s basis resets, effectively erasing the accumulated depreciation.
Pankaj Malik
Tenant threatening to sue and wants to extort money
19 January 2025 | 27 replies
However, this is not really effective in the real world.
Luis Cerwin
How long should I give my PM to Rent a Unit before changing PM?
19 January 2025 | 13 replies
@James Wise MICHIGAN UPDATE: new law went into effect January 2, that landlords can no longer discriminate on tenant income source.
Matt Wan
Can I buy a property without being physically present for any part?
17 January 2025 | 16 replies
If I have to buy a last-minute ticket or spend $1,000 or so for notarized signatures at a consulate, then it has a significant effect on my choices.
Irina Badal
Living trust/personal residence trust
24 December 2024 | 5 replies
@Jay Hinrichs has posted on that in the past.Many people like to try and hide their identity because of the spotlight effect which refers to how people often overestimate how much others notice (or care about) them, effectively inflating their own importance in society.