As a new real estate investor this is simply too large a project for me to try and tackle, but I know this forum is full of quality investors who care about their tenants and are always looking for a deal!

I've been in real estate for a little over 4 years.

What do most do in terms of keeping rental business out of personal finances?

Thanks to the Cost Segregation Study, the property investors accelerated the depreciation that the first year depreciation was approximately $111,100.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.

We pride ourselves in keeping the forums positive, helpful, and focused on real estate (please, no politics, religion, etc.).

Are you or a spouse a real estate professional, could you offset the 401k distribution tax with a cost segregation7.

I've only had to do 1 and it was several thousand.....I would take a real hard look at your numbers and re-adjust your offer accordingly.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I'm new to the real estate investment world, and I have a desire to learn more about the best practices in the market.

What tax strategies have you utilized in your real estate portfolio?