Real estate has long been a favored investment avenue due to its potential for appreciation, steady cash flow, and diversification benefits. Beyond these financial gains, savvy investors also benefit from various tax ...

The cost segregation allows for accelerated depreciation creating pretty big losses on first year of acquisition and there after also.But schedule E doesn’t allow posting those losses to personal taxes 1040. losses st...

We live in Washington State (no income tax) and own properties in Washington and Indiana.   The properties are currently held in our names. Our estate planning attorney recommended setting up a Series LLC in State of ...

I just was shocked when I heard from my dentist friend today. He had met with his CPA and the CPA told hime since he was making a lot of money and also owned the building his practice was in- he is not entitled to any...

Investment Info:

Single-family residence buy & hold investment in Truesdale.

This SFR residence is a prime buy-and-hold investment. Situated on a large lot in a thriving Morganton market, it features imm...

I'm a resident of CA and I plan to invest in a syndication in Texas along with a friend of mine. I talked to a few lawyers and the recommendation was to create an LLC in WY with both of us as members and invest in the...

Hello,

I'm Starting A Real Estate Business With A Friend, And It Will Be Member Managed. The Entire Business Will Be Rental Incomes. I Know That This Type Of Income Is Not Subject To Fica. Can We Avoid Fic...

hello BP friends ... been MIA for a while and looking to get back in the RE groove of things, hoping to seek some advice on an off-market deal that was presented to me. It's a 3 unit bldg in the hot area of Bernal Hei...

Hypothetically - this is in Virginia but most states adopted the federal laws   Owner - Grandparent Heir - GrandchildParents - NOT involvedRent collection after death - FriendProperty guardian - assigned If rental pro...

I formed 2 llcs in 2019. One is for me a partner with a multi family and the other is for me and another partner for a single family. My question is, for tax purposes do we need to do anything else other than just dec...