Julio Gonzalez
Asset Classifications for Cost Segregation
7 January 2025 | 6 replies
This includes structural components of the building.
Kristin Mathern
Asking for advice on tenant locksmith situation
30 January 2025 | 13 replies
Was it indeed just locked, or did the latch mechanism fail, which often happens with bedroom sets that have plastic components in that mechanism; or did the screws that secure the latch into the door come loose, allowing the latch and/or the screws to prevent the door from opening...also not an uncommon event.
Pixel Rogue
Real-estate Exit Plan
20 January 2025 | 6 replies
Not keen on seller financing component.
William Taylor
[Calc Review] Help me analyze this duplex in Michigan - are these numbers correct?
12 January 2025 | 12 replies
Principal Paydown: Cash Flow: Tax Benefits: Savings from depreciation and interest deductions.For a deal to make sense, at least three of these components—home appreciation, cash flow, and principal paydown—need to be strong.
Max Bellino
Online Cost Seg studies Vs Site Visits
28 January 2025 | 6 replies
Consult a tax professional to optimize deductions and explore strategies like Real Estate Professional Status or short-term rental loopholes to apply depreciation to non-passive income.This post does not create a CPA-Client relationship.
Alex Houser
Foolish to buy office building?
18 January 2025 | 8 replies
, status of major building components (roof, HVAC, structural, electrical, plumbing), accounts receivable aging (are all tenants paying or is the $20,500 schedule rent?)
Julio Gonzalez
Cost Segregation FAQ
31 December 2024 | 3 replies
Many cost segregation study professionals will offer you a free quote on the cost of the cost seg study specific to your property as well as the potential tax savings.HOW LONG DOES A COST SEGREGATION STUDY TAKE?
Zachary Rosa
1031 or not!
11 January 2025 | 7 replies
Here's the key components to calculate your tax liabilityAdjusted cost basis - Is the purchase price, plus capital improvements, minus depreciation.
Daniel Baker
Questions to ask.
30 January 2025 | 5 replies
Hi Mia, Great suggestions for questions to ask a potential tax professional!
Eli Jerman
Taxes for 2024 - First rental property purchases in August 2024
27 January 2025 | 9 replies
@Eli JermanYes, you should hire a tax professional.