Elizabeth King
Does my property have to be in LLC to benefit from real estate tax advantages?
2 January 2025 | 10 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.
Greg Strunak
Cash flow/ passive income
30 December 2024 | 6 replies
@Greg StrunakA 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.
Dionte Griffin
first deal advice
3 January 2025 | 3 replies
Similar for bathrooms if virtually all are multi bathroom but you find a single bathroom, making it multi bathroom via new construction could be a value add.There are more sophisticated value adds such as add multiple adus via bonus density program.
Gary Campanaro
Housekeepers want 50% without Cleaning
9 January 2025 | 17 replies
I would pay once and then immediately look for different cleaners or subtract from year end bonus.
Eamon Conheady
Do not use this lender!
26 December 2024 | 21 replies
It was Civic Financial - I’m not sure they do referral bonuses or anything but I can share a contact info if you needed someone.
Chris Shon
Do I need a Real Estate Tax Accountant?
10 January 2025 | 16 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.
Michael Plaks
EXPLAINED: should I trust all those "End-of-Year Tax Saving Tips"?
24 December 2024 | 6 replies
Aka fraud.Accelerated depreciation, bonus depreciation, Section 179.
Bobby Eastman
Any suggestions for people to contact for investing in the Sherman/Denison TX area?
18 January 2025 | 17 replies
Garage parking, full privacy fence, and second living area or bonus room would all be needed to get on the higher end of that range.
Vanja Dimitrijevic
Cash out refinance primary residence to buy another
8 January 2025 | 8 replies
It’s a bonus if the bank offering the HELOC also handles BRRR loans — they’ll be more flexible and accommodating when it’s time to pay off the HELOC with a new loan!
David Sam
Cost segregation study recommendations
26 December 2024 | 7 replies
Benefits include immediate tax savings via bonus depreciation (60% in 2024), but depreciation recapture tax applies upon sale.This post does not create a CPA-Client relationship.