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Results (10,000+)
Anderson S. Stop Overpaying Taxes! 5 Insider Tips for Real Estate Investors
10 January 2025 | 2 replies
I'm just here to note that an LLC does not offer a single tax benefit, nor does it allow any deductions that aren't allowed without an LLC. 
Anita Z. Real Estate Investor Tax write-offs
10 January 2025 | 16 replies
But, if you’re traveling to check out a property you already own, that could be deductible.
Basit Siddiqi Investing in Spain: Good idea for non-residents(Americans)?
23 January 2025 | 31 replies
Thankfully, you'll be able to get deductions based on the bilateral treaty for the avoidance of double taxation but that means that you'll always pay the maximum of the tax rates between the two countries for each category and some items might not be deductible.4.
Noah Laker Opening a Sober Living Facility
19 January 2025 | 5 replies
By any chance, do you know if you're eligible for any government grants and/or funding?
Natasha Rooney Fideicomisos VS. Mexican Corporation for STR in Mexico
16 January 2025 | 2 replies
With a fideicomiso, the gross income is taxed through a withholding tax whereas, with the corporation, the rate, you can deduct expenses but the taxation rate is higher.
Melanie Baldridge What is MACRS classification?
10 January 2025 | 0 replies
When it comes to real estate, here's a general list of eligible assets and their depreciable lifespans that you should know: Residential Rental Property = 27.5 yearsThis includes any building or structure where 80% or more of its gross rental income is from residential units.That means:- Apartment buildings- Single-family rental homes- Duplexes, triplexes, and quadplexes- Mobile homes (used for residential rental)- Any kind of residential lodging facility where the primary purpose is long-term rentalCommercial Property = 39 yearsThis includes non-residential properties like:-Office buildings-Retail stores and shopping centers-Warehouses-Industrial complexes-Hotels and motels that do not qualify as residential rental propertyLand Improvements = 15 yearsThese include sidewalks, roads, fencing, some landscaping, and parking lots that are separate from the building.Personal Property = 5 or 7 yearsPersonal property used in a rental activity usually has a 5 or 7-year life.This includes most furniture, appliances, carpeting and various machinery.Qualified Improvement Property (QIP) = 15 yearsGenerally, this includes any improvements made to the interior of a non-residential building after the building was placed in service, excluding elevators, enlargements, and the internal structural framework.Computers and Related Peripheral Equipment = 5 yearsVehicles = 5 yearsNote that the land itself is not depreciable.
Melanie Baldridge Did you know this about Gas Stations?
14 January 2025 | 2 replies
The tax advantages of buying/holding gas stations are pretty great.Many of the components of gas stations including pumps, tanks, external parking areas, and other equipment are classified as either 5 or 15 year property so you can bonus depreciate a lot of it (minus the land value) and get significant deductions in year 1.With the 2025 bonus depreciation rate at 40%, a $1 million gas station acquisition could still lead to $100K+ in year 1 deductions depending on the specifics of your deal.
Chan Park Plumbing Issue - Landlord's vs. Tenant's expense
22 January 2025 | 8 replies
Even if they had renters insurance, it comes with a $500 - $1,000 deductible just like your insurance.
Peter W. Wall Street Thinks U.S. Homes are Overpriced
16 January 2025 | 2 replies
They get a higher return since they are covering housing cost, have the $250k per spouse primary residence deduction in gains, is a savings account, higher leverage position, lower interest rate possible, will pay more premium for location, etc.House might be overpriced for REITs but not for home owners.  
Kristian Kotov New Asset Class - The Roomshare Condo
14 January 2025 | 3 replies
This means that someone who makes $43,000/year would now eligible to buy this room condo, and have access to a vehicle through which to build equity in an asset as an alternative to paying rent.