Hello, I am looking to partner with a General Contractor on a project. The conversation has been based on the exchange of “Sweat Equity” for Partnership Equity. I am looking for advice on how to make the Contractor a...

My parents bought a short term rental property in Cape Coral Florida in 2021. From what I understand, they can use bonus depreciation once a cost segregation study is done. Unfortunately they did not get a cost segreg...

Let's say you do a cost segregation study on a short term rental and with bonus depreciation you have a loss of $100,000. Does that roll over as a credit for future income or do the IRS actually send you a check?  

Hi all,
As titled.. I did a IRA withdrawal of 300k to buy 2 condos in May/June 2024. 
I didn’t paid the 10% penalty fee. 
I’m not currently working so my income is basically the 300k + (28k gross or 15k net) from a...

Time to stop thinking about REI and actually do something about it - starting with getting my CA real estate license.  I enrolled in an online course, set up a study plan, and if I keep to my schedule, I'll be taking ...

Hey Guys so after working with a few realtors I've decided to get my real estate license, could anyone tell me what I would need to get started? Things like a study guide? Is there a school I need to attend? Does it c...

I know this topic has been discussed quite a bit but I think my angle is a little different.  I haven't read all the previous posts so maybe not.I have already purchased and have been studying my Kaplan home study mat...

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...

I am planning to taking Virginia Real Estate Salesperson exam soon.  I have already completed course requirements. Does anyone know a good material to study for the exam?

Hi everyone,
Hope you all are having a great day! This is my first post on this forum and it is in regards to the real estate exam. I am residing in California and I will soon be taking my test. I want to use this po...