Daniel Madhavapallil
House Hacking and Tax Strategies
23 January 2025 | 11 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 specializing in real estate taxation, business taxation, financial planning and tax planning.Consider working with your accountant remotely to expand your options.I would also recommend looking for an accountant willing to work with you throughout the year.
Jacob Havlovick
Duplex House Hack
22 January 2025 | 8 replies
@Jacob HavlovickBigger 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.
Pete Tarin
Using SBA to start real estate
20 January 2025 | 1 reply
If you do a side by side comparison, DSCR will win every time.
Oksana Burak
Bali Real Estate
21 January 2025 | 1 reply
I am thinking about flipping it and getting some win.
Victor Yang
Taking a small loss to save on taxes?
19 January 2025 | 7 replies
I buy property to make money and the depreciation is bonus/gravy.
Kyle Carter
Negotiating Favorable Terms
12 January 2025 | 2 replies
can uncover key details.Leverage Creative FinancingWhen price is a sticking point, structuring the deal creatively can make it a win-win.
Adrian Sopher
My Story; Life, Mistakes, and Opportunities!
19 January 2025 | 2 replies
I jumped at this opportunity buy getting my license, signing up with her broker, only to discover all she wanted was the sign on bonus from me joining that office.
John Marchefka
Rehabbing land INSTEAD of houses??
10 January 2025 | 13 replies
I already have land holdings near Everett that will certify out at 304 salable density bonus credits.To play this game, I get certified and then "clip off" the transferable development rights for sale to urban developers in the county, who can cash them in for an increase in dwelling unit density from an original 22 units/acre to 58 units, and building heights from 45' to 75'.
Eli Jerman
Taxes for 2024 - First rental property purchases in August 2024
24 January 2025 | 7 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 specializing in real estate taxation, business taxation, financial planning and tax planning.Consider working with your accountant remotely to expand your options.I would also recommend looking for an accountant willing to work with you throughout the year.
Jonathan Small
DIY or hire help for taxes?
23 January 2025 | 7 replies
A good real estate accountant can save them thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend that they find a tax accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.I would also recommend that they look for a accountant willing to work with them throughout the year, who can help them strategize and who is responsive when they want to know the consequences of the financial decisions they are making throughout the year.Good luck.