Hi! I have a short term rental property. It's a 5th wheel located at a campground. It does not get moved. Will the RV be depreciated at 5 years or 27.5 years? I am unable to find anything giving me a for sure answer. ...

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.

Also there is a special tax abatement for office conversions but requires the developer to retain 15% as commercial use.So we have the option to stack them and consolidate.

That will show what proposed tax increase you will see.

We are in a very low tax bracket this year but should be 10% higher in 2025.

My mistake for not inspecting the property beforehand. Paid 12800.based on google mapsThe property is a mess. Need to clean the junk out of house .. hoarder . Bathroom and kitchen need redone. Large tree in back is de...

After collecting tenant pass-throughs for the year, do you pay the property taxes at the end of the year or the beginning of the next year?

I am seeking mentors and or guides to help me invest in business that can eventually help offset W2 income tax.

Lee has even help pioneer the Lien Abatement industry and works directly with the cities of Spokane and St Louis. 

Certainly more areas with lower property taxes.