Melanie Baldridge
A quick mini guide on Bonus Depreciation
10 December 2024 | 1 reply
Quote from @Melanie Baldridge: The tax benefits of bonus depreciation can lead to massive savings but losses won’t help one bit if you can’t use them.Before you buy a cost seg, you need to know the rules:Tax all starts with the types of income.1.
AJ P.
Plumber Walked Away from Job
30 December 2024 | 1 reply
In the future you could add in penalties for being late and possibly a bonus for being early.
Jorge Abreu
Evaluating Property Managers
28 December 2024 | 1 reply
Create a bonus structure that gets those managers pumped to perform.
Jacob Havlovick
Duplex House Hack
13 January 2025 | 6 replies
@Jacob HavlovickBigger 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.
Daniel Chen
Section 179 Question for rental business
4 January 2025 | 11 replies
The issue with section 179 expense is that you normally have to operate at positive income.Under most circumstances, bonus depreciation is better since you can take bonus depreciation even if you operate at negative income.
Zachary Scalzo
Real Estate Investor with a Maid Company - How Can I earn Realtors Business
12 January 2025 | 5 replies
You would have to be significantly cheaper than my current cleaners for me to give you a shot, because I generally have only changed cleaners for either consistent subpar work or increasing/unreasonable prices.
Chris Ke
200k down payment available and I can benefit from tax deductions
14 January 2025 | 5 replies
Focus on tax-saving strategies such as cost segregation studies and bonus depreciation to accelerate deductions.By qualifying as a Real Estate Professional (spending 750+ hours annually and materially participating), you can offset your wife’s S-Corp income with real estate losses, reducing your tax liability.
John Marchefka
Rehabbing land INSTEAD of houses??
10 January 2025 | 13 replies
I already have land holdings near Everett that will certify out at 304 salable density bonus credits.To play this game, I get certified and then "clip off" the transferable development rights for sale to urban developers in the county, who can cash them in for an increase in dwelling unit density from an original 22 units/acre to 58 units, and building heights from 45' to 75'.
Hector Espinosa
First Multi-Family Investment: Seeking Advice on Cleveland Market & Financing Strateg
12 January 2025 | 14 replies
Investment Goals:I’m interested in create steady and consistent cash flow with a long-term appreciation with this investment.
Bruce Bennett
How to spot scams or is there a site that evaluates DSCR lenders
13 January 2025 | 3 replies
And while nothing is foolproof the most consistent method of finding good vendors is relying on OTHER real estate investors that have worked with those vendors.