
15 May 2024 | 1 reply
Thanks to the Cost Segregation Study, the property investors were able to reclassify the property into shorter useful life categories resulting in first year depreciation of $203,600.The use of the accelerated depreciation strategy helps real estate investors to reduce the tax liability immediately which therefore increases their bottom line due to the offsetting of income.

15 May 2024 | 2 replies
I never borrowed against my crypto to expand my stake, but I can and do leverage my property investments.Getting taxed on the sale of your crypto hurts.

15 May 2024 | 7 replies
If you have an entity with an EIN, and that entity either owns the property (named on title) or constructively owns the rental, then use that.Otherwise, then SSN.Ultimately this has very little effect on the tax return, liability, etc.

15 May 2024 | 3 replies
Only interested in STR due to tax benefits unfortunately.

17 May 2024 | 25 replies
Had I done so I would have save a great deal of anxiety, money, and time because I would have known that he had several federal tax liens and was sued by creditors for skipping out on bills, hires undocumented workers, and sexually harasses female tenants.

15 May 2024 | 15 replies
Everything has gone up in the last few years around this home.2nd house is $900 (property taxes increase yearly) now.

15 May 2024 | 5 replies
Are there any tax implications or mortgage barriers to building a home under the "second home" plan and then converting it to an investment property shortly after its finished?

16 May 2024 | 17 replies
I am eligible for a $156.00 a day stipend if I travel >50 miles away from my tax home.

15 May 2024 | 6 replies
You get some negligibly protections in an LLC too, and possibly tax.

15 May 2024 | 8 replies
Underwrite allowances for - Vacancy, Prop Taxes, Insurance, Utilities, Repairs & Maintenance, a Reserve Account, and Property Management.