Julio Gonzalez
Alternatives to Cost Segregation
16 August 2024 | 2 replies
The study identifies with forensic engineering detail the immediate Bonus Depreciation 5, 7 and 15-year personal property class lives qualifying portions of a building that are normally buried in 27.5 year residential or 39 year commercial categories.
Zachary Reiff
Need the best all in one software for self managing
17 August 2024 | 9 replies
Once you have a shortlist, sign up for an account with each one and test them extensively to see how they function.
Ron Brady
Replaced sewer line and financing payment - what is the correct approach for taxes?
15 August 2024 | 6 replies
Can we use 60% bonus depreciation on this or no?
Elda Asheley
What is the best way to invest in 2024 for a newbie?
17 August 2024 | 10 replies
The loans on a house hack are going to be some of the most favorable ones you can get since it is considered an owner occupied plus you should be able to get a first time buyer bonus of some sort.
Deborah Lee
Which property management apps do you use?!?
16 August 2024 | 8 replies
Once you have a shortlist, sign up for an account with each one and test them extensively to see how they function.
Alfredo Cardenas
Total Rental Properties Losses to offset capital gain of 2 rental homes being sold
16 August 2024 | 19 replies
My CPA got upset when I told him that he was wrong.Also, lets say that John does a Cost Seg (bonus depreciation) on all homes in 2023 to increase the loss on all properties combined from $300K to $600K(for example).
Michael Csrnko
Newbie STR operator in the Denver area
15 August 2024 | 7 replies
Finally, consult with a CPA and have them review your situation, plus ask for a recommendation on whether to do a cost seg and which cost seg company they recommend.For a property placed in service in 2024, 60% of the value of personal property and land improvements identified in the cost seg will be bonus depreciated in the first year.
Rahel Ketema
HVAC vs Mini split system
18 August 2024 | 28 replies
Which means more $$$.The bonus of ductless split systems is you can chose heat pump style or heat recovery.
Gabriel Alvarado
Rental Listing- Advice on Real Estate Agent
15 August 2024 | 7 replies
Most property managers will procure a tenant for you for a fee and you do not have to sign up for them to manage the property.
Terese Victor
Negotiating selling commission on a $1.2M sale
15 August 2024 | 6 replies
I also pay for performance, meaning if my selling realtor gets my full net-price or better, I bonus them an extra .2% (which would be $2,400 in this example).