Berry Starnes
short term rental loophole question about existing rentals when purchasing
14 October 2024 | 3 replies
I believe you just need to have it rented for 1 week in the year to use the bonus depreciation after the cost seg, correct?
Alan Asriants
Is this an end to Wholesaling?
30 October 2024 | 236 replies
Anyone who is against predators should start from the very top, like Boeing Corp. who makes $*tty planes that keep falling off the skies lately, so CEO can earn tens of millions in bonuses for cutting the costs of production and delivering planes to airlines sooner than the engineers can properly test them for safety issues.
Nate Shields
55-Unit Value Add Success
15 October 2024 | 3 replies
This has all been accomplished in just a few short months.5.Tax Benefits & Investor Alignment: We’ve lined up cost segregation studies, allowing our investors to benefit from bonus depreciation in Year 1.
James Sedano
Need advice on setting up a trust and funding with assets
17 October 2024 | 5 replies
Or you can sign up with a company like Solo 401K, use their IRS approved documents, and spend about $750.
Clay Teegarden
Fix and flipping tax implications.
17 October 2024 | 9 replies
Unfortunately, you miss out on a lot of the cool tax benefits you’d get with long-term real estate investing—like long-term capital gains rates, bonus depreciation, 1031 exchanges, depreciation, etc.Another thing to keep in mind is that when you buy a property to flip, you can’t just deduct the purchase price right away.
Othman Zizi
Philly first time investor - New Western
17 October 2024 | 6 replies
It's not a bad idea to sign up to their lists, but don't take their metrics at face value. 99% of the time it is exaggerated and unrealistic.
Julio Gonzalez
Benefits of a Cost Segregation Study on Warehouses
15 October 2024 | 0 replies
Here’s an example of bonus depreciation.Here are some of the current trends that are highlighting the importance of a cost segregation study.Contract Logistics Expansion: Experiencing growth in contract logistic divisions leading to outsourced warehousing and distribution activities.Warehouse Technology Advancements: Integration of AI, robotics and IoT allows for operational efficiencies including reduced labor costs and improved safety.Warehouse Automation Growth: Significant growth signals a need for efficiencies and the adoption of new technology.Warehouse Space Expansion: There are ongoing developments in the warehouse space to help support the growing demand for infrastructure and warehouse space.Robotics and AI investments: There is a demand for faster throughput and immediate fulfillment which is causing investors to invest more into AI and robotics.Cost segregation becomes an even more critical tax strategy as there is an increase in investments in automation and technology as it frees up cash by creating additional tax savings.Some of the financial benefits that a warehouse investor can expect from a cost segregation study include:An increase in cash flow for automationImmediate tax savingsEnhanced warehouse property valueImproved warehouse ROI by reducing tax liabilities and increasing cash flow.There are many items that can be reclassified for accelerated depreciation through the use of a cost segregation study.
Austin Bright
What is the most cost effective & reliable SMS marketing
16 October 2024 | 15 replies
I don't really like to companies that make you sign up for something else (like Twilio).
Jonathan Greene
If You Never Want To Hear About Columbus In the Forums Again, Reply Here
20 October 2024 | 147 replies
You can hire hourly staff with bonus incentives to help you do your volume.
Nicholas Joseph
New Skills to Increase Personal Income?
13 October 2024 | 2 replies
You may be able to sign up with a firm and do remote, ad-hoc work as needed or when you have time.