Wiley Hood
Are DIY cost segregations a good idea?
12 January 2025 | 28 replies
Remember, if you decide to sell in a few years, any bonus depreciation comes back as ordinary income.
Cherie Carr
Track Driving for Dollars?
10 January 2025 | 2 replies
I really would like an app or site that allows you to compile a list of properties with notes on the spot, and bonus points if it pulls up any info on the property as well.
Pierre Tran
Advice Needed: Options to Cash Out My Equity Without Disrupting a Seller Carry Deal
12 January 2025 | 1 reply
Are there other creative options I haven’t considered?
Samuel Kim
Real estate professional status 750 hours doable?
17 January 2025 | 10 replies
Quote from @Samuel Kim: Hello i am a doctor who wants to use cost segregation/bonus depreciation on my 9 rental houses, my home maker wife wants to meet the 750hr test to obtain real estate professional status and material participation.
Pierre Tran
Advice Needed: Options to Cash Out My Equity Without Disrupting a Seller Carry Deal
13 January 2025 | 1 reply
You've only owned it six months, so you probably haven't dealt with vacancies, maintenance, or capex, but you should be setting money aside for those things.Your partnership agreement (if you have one) should address exit options.
Griffin Malcolm
Options for Using Two Vacant Plots of Land
10 January 2025 | 8 replies
Once the city gives direction, then start to look at available options and penciling out the numbers to see what makes the most sense.
Vidit Maini
Starting my small business
2 January 2025 | 14 replies
A good tax 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 business taxation, financial planning and tax planning.I would also recommend looking for a accountant willing to work with you throughout the year.
Adam M.
Cost for a Tax Specialist
13 January 2025 | 7 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.
Megan Herrington
CPA Recommendation in ID
2 January 2025 | 6 replies
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.
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'.