Melanie Baldridge
"Does the IRS require site visits for cost segregation studies?"
13 November 2024 | 10 replies
Quote from @Melanie Baldridge: A question that we get:"Does the IRS require site visits for cost segregation studies?"
Wiley Hood
Are DIY cost segregations a good idea?
28 November 2024 | 23 replies
Most cost segregation firms will provide a free cost/benefit analysis quote to help you determine if the tax benefits from the study will outweigh the costs.
Melanie Baldridge
RE Pro status to make the best case with your CPA and the IRS
12 November 2024 | 1 reply
Cost segs unlock these savings, but the losses won't offset your ordinary income from your job unless you are an RE Pro.Here's how to think about RE Pro status to make the best case with your CPA and the IRS:RE Pro Status starts with the IRS definition of a Real Estate Professional (IRS Pub 925).It is not as simple as getting a real estate license or working for a firm that provides real estate services.Ask yourself these questions to see if you qualify:Q1: Are you in the right business?
Frank Newsome
Best way to determine areas optimum for section 8.
25 November 2024 | 4 replies
What is the best way to determine the areas of a large metro area that are best for section 8 rentals?
Frank Newsome
Determining areas to avoid.
24 November 2024 | 2 replies
I am interested in investing the proceeds from my last flip into section 8 rentals in and around Detroit, Albion, Battle Creek and Jackson micigan.
Doug Kirk
Liens on a property and determining position
8 November 2024 | 4 replies
State and federal government liens like inheritance tax and IRS tax liens are NOT wiped away.
George Goldstein
Lying about real estate price
11 November 2024 | 12 replies
Forget the VERY obvious (to the IRS) tax fraud.
Julio Gonzalez
Smart Strategies for Selling Your Investment Property
25 November 2024 | 0 replies
Utilize a 1031 Exchange: Under IRS Code Section 1031, you can defer capital gains taxes by reinvesting the proceeds from the sale into a similar “like-kind” property.
Julio Gonzalez
11 ways to lower taxes when selling your property
17 November 2024 | 1 reply
Utilize a 1031 Exchange: Under IRS Code Section 1031, you can defer capital gains taxes by reinvesting the proceeds from the sale into a similar “like-kind” property.
Stuart Udis
Buyer Agent Strategy to Determine Co-Op Fees
10 November 2024 | 1 reply
However, the one constant in these emails is a request for the broker fee co-op and determining the offered co-op fee seems to be the motivation behind these emails.