Jessica Phillips
Karlton Dennis Short Term Rental Strategy
17 October 2024 | 14 replies
It's in senate right now and if it passes, bonus depreciation goes back up to 100%.
Melanie Baldridge
IRS Form 3115
16 October 2024 | 1 reply
What a lot of people think:Bonus depreciation is only for new properties or acquisitions.The truth:You can retroactively apply bonus depreciation to property placed in service after September 27, 2017, when the Tax Cuts and Jobs Act passed changing various rules.The IRS allows you to claim missed depreciation deductions by adjusting your current year's tax return, without needing to amend the previous year's returns.This is typically done through a change in accounting method using IRS Form 3115.
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.
Jennifer Taylor
Legal Structure Questions
16 October 2024 | 6 replies
Are you active or do you have a PM who is actively touring your properties to prevent or eliminate premises liability exposure?
Shawn O.
S.H.A.R.E. Community Development Corp (Multi Family Investing)
17 October 2024 | 8 replies
What would you say is a best way to get exposure into multi-family investing?
Don Konipol
How Heavy Is Your Wealth Tilted Toward Real Estate?
17 October 2024 | 12 replies
Maybe considering some mix of index funds and other investment vehicles outside of real estate could give you more broad financial exposure and diversification.
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?
Henry Lazerow
Recommendation for insurance property in LLC?
13 October 2024 | 2 replies
Insurance premium determinations are more localized where the carriers price perceived risks into their desire to have market exposure (if at all) and how to price that exposure.
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.
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.