Malik Javed
Cost Segregation - The Basics
22 August 2024 | 1 reply
On average, 20% to 40% of those components fall into tax categories that can be written off much quicker than the building structure.A Cost Segregation study dissects the construction cost or purchase price of the property that would otherwise be depreciated over 27.5 years for residential property or 39 years for commercial property.
Christopher Smith
Can anybody explain why there been no legal challenges to Good Cause Eviction in NY?
22 August 2024 | 1 reply
I tried posting this elsewhere but I think the category was too specific:Greetings!
Ken Livingston
Anyone worked with Ohio Elite PM company?
22 August 2024 | 20 replies
ERA is trying to start sending us small referral bonuses but they have not figured out their tracking yet.
Chris Anderson
Selling 2nd position mortgage Portfolio
22 August 2024 | 3 replies
Mainly it was kind of a bonus to us since we sold for significantly more then we valued the portfolio at, and without an agent.
Monico Lorenzana
Understanding the market
21 August 2024 | 9 replies
@Monico LorenzanaThe types of units that attract long term tenants in multifamily are the townhome style units, and if they have garages, a big bonus.
Keith Cuddeback
Is it possible to find out a seller's mortgage balance?
23 August 2024 | 22 replies
I would put her in the category of a long-term campaign.
Allen Tracy
California CPA Recommendation
23 August 2024 | 54 replies
My returns also got a bit too complicated with niche REI stuff for the great tax guy I used for many years and still does my parents and sisters taxes.They handle other REI guys and attend some REIA groups I went to and knew about bonus depreciation, K1, cost segs, schedule E and HELOC junk used for investing and private lending.
Beth Julen
Can I amend my 2022 return to add rental and depreciation?
20 August 2024 | 13 replies
I used TurboTax - bonus points if you know how to make this change there.
George Willey
Equity Options for Property in an LLC
20 August 2024 | 5 replies
Bonus points if you can suggest lenders in AZ...
Julio Gonzalez
Additional Benefits from Past Cost Segregation Studies
20 August 2024 | 0 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.If you have had a cost segregation study performed on your property within the past 10 years, have you evaluated it recently for additional benefits that could be obtained?