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.
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.
Carlos Olarte
Is it worth building Adu's in Orange County / Long beach ?
20 January 2025 | 9 replies
Non-passive to achieve this level of return.Add the addition of the ADU makes the main unit rent controlled if over 15 years old.the work to add an ADU likely exceeds the effort of a brrrr that can achieve infinite return Experienced investors are adding multiple ADUs by leveraging items like bonus density, committing units to affordable housing, etc.
Jorge Abreu
Evaluating Property Managers
28 December 2024 | 1 reply
Create a bonus structure that gets those managers pumped to perform.
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.
Shakthi Kamal
Is a min of 2% rent to price ratio needed for positive cashflow in today's market?
6 January 2025 | 2 replies
(I'm not including expected appreciation in my ROI numbers, I'm just treating that as a bonus).
Will Almand
Cost Segregation Questions
20 January 2025 | 11 replies
For your $240K new-build townhouse, a cost seg may make sense if the tax savings outweigh the study cost (~$3K–$6K), especially since you plan to hold it for 10+ years and can benefit from immediate bonus depreciation.For the $380K older townhouse, cost seg with look-back depreciation could provide significant one-time deductions for missed depreciation over the past six years.
Andres Ortiz
Referral for "boots on the ground"?
14 January 2025 | 17 replies
It's a new resource from BiggerPockets that helps you find reliable property management partnerships and gives you everything you need to make confident hiring decisions:-Expert Matching: Match with professionals who meet your criteria-Extra Assurance: See licenses, experience, ratings, reviews, and more that can be cross-checked with BiggerPockets members-Bonus Content: Plus they'll send you an interactive workbook: “How to Interview Property Management Companies”Hope this helps!
Caitlyn Drapeau
Best skip tracing services?
18 January 2025 | 15 replies
As a bonus when you sign up you also get an e-book that has tips to running your wholesaling business.We normally pull 50k+ list when we do our monthly campaigns of cold calling.
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.