Hi,I recently bought a new mobile home park, my CPA tells me that the non-land portion (road, pipes, water plant, good will) should be depreciated over 28 year. My CPA has never done tax on MHP before.I did a search ...
After investing in a few properties I want to go the next step of becoming a re agent. Anyone recommend a licensing course they took? I heard re express will get the job done (also cheapest) but if it’s too wordy and ...
How do you calculate cost segregation tax benefit per investor based on dollar amount invested in a multifamily syndication? For example, if the total tax benefit from the cost segregation is $2m , total capital raise...
Hi BP Community, I'm not too familiar with Cost Segregation and was hoping to get a little input from someone who is... I inherited a quadruplex in 2018 and assumed the mortgage which was right around $500k. I had an ...
https://www.foxnews.com/tech/tech-ipo-boom-will-ev...Well gambling speculation or great bet and be a fool not to invest there ??? what say you ?
Hello All, There is lots of talk on here about Passive Losses and if there are deductible or not and if so, to what amounts. To my understanding, if you are NOT a 'Real Estate Professional' (which I am, but have never...
Hello everyone! My name is Seth Davis. I introduced myself earlier in the newbie forum. Feel free to hop over there and read my post if you have time. I have recently decided to pursue a new passion of mine which ...
Hello everyone,
I am a 19 year old born and raised in Delaware, and currently attend Temple University. I want to start wholesaling in Philadelphia or Delaware, which ever i find my first deal in, and then expand fro...
Hi all! Newbie here….Wondering about the pros/cons for cost segregation. Purchasing our first STR, a 2/2 ski condo for over 400k. We got hammered in taxes last year due to our W2 income, so looking for ways to offs...
So I keep hearing on different podcasts about the benefits of cost segregation and bonus depreciation for real estate investors. I just listened to a podcast that had an owner of a Cost Segregation company, and he sa...