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18 October 2024 | 12 replies
In the meantime, I’d love some advice on what peoples suggestions are as to what they would recommend to study up on first.
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17 October 2024 | 5 replies
I studied and aced my real estate exam, got on with an awesome brokerage here in Lincoln NE. and holy smokes, that is just the tip of the iceberg.
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18 October 2024 | 16 replies
Depreciation helps reduce the taxable rental profit, potentially bringing it to zero or even creating a loss, which can carry forward to offset future rental income or other capital gains.For high wage earners, other tax strategies could include leveraging cost segregation studies to accelerate depreciation on rental properties through bonus depreciation, taking advantage of tax-deferred exchanges (like a 1031 exchange), or maximizing deductions related to property expenses (mortgage interest, property taxes, insurance, repairs, etc.).
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17 October 2024 | 4 replies
While completing a Cost Seg study, they were very resistent to me using 6% and because of time-sensitivity, I decided to default to the "rule of thumb" method that you mentioned and used 80/20.
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21 October 2024 | 176 replies
Study history, learn a bit about it, you may need it.
17 October 2024 | 15 replies
Here's an article with additional FAQs on cost segregation studies that you may find helpful.
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15 October 2024 | 1 reply
I've been a long-time Ogden bull with posts like these:https://www.biggerpockets.com/forums/12/topics/882817-local-...https://www.biggerpockets.com/forums/586/topics/785294-who-h...But, like a January 2022 study determined, Ogden is overvalued.
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18 October 2024 | 37 replies
I need to review the material again probably, ok actually study it.
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14 October 2024 | 12 replies
@James Sedano A cost segregation study could definitely be beneficial in your situation.
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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.