As a multi-family investor, I'm familiar with cost segregation and bonus depreciation.That's great and all, but are you aware you can cost segregate sfh??You can rapidly depreciate all the major items - roof, carpet, ...
We own 50 investment properties mostly SFR.’s. Is now the time to sell some for nice profits and wait 6-9 months to buy replacements at potentially lower prices?
Hi,I have a question about inheriting a property in California. I am inheriting a property in CA with my siblings, the property is in an irrevocable trust and I am looking to buy them out. At first I thought I cou...
I recently purchased a business and the building. From the cashflow of the business (one entity) I pay rent to my other entity that holds the property. The property was appraised for 350k and was bought for 300K. I li...
Hello! I'm a beginner investor and currently own an S Corp. I’m considering short-term rentals in the Pocono area of Pennsylvania as a tax-saving strategy, but I’m not sure where to start or how realistic this idea mi...
Does anyone know how to calculate the marginal tax rate? I want to take (depreciation + interest paid) × marginal tax rate to calculate yearly tax savings. The template I'm using has 51% currently plugged in but I fee...
I found a great article here: http://www.propertyinvestmentproject.co.uk/blog/using-a-company-to-save-tax-on-rental-income/ (hope I can post links, not my content)
But it is only relevant to the UK. Is there such a g...
Good morning all, My first post, so apologies if i do not follow the appropriate etiquette. MY wife and I have a bit of a complex situation that we need advice on. Details below:Main goal: Reduce our W2 Taxes.
Curre...
I’m a 28 y/o female who just finished a owner occupied renovation using an FHA 203k renovation loan. I put 3.5% down, purchased the property at $110,000 and put another $110,000 into it. I’m estimating because of the ...
I understand that there are tax benefits to owning real estate, however what are some items I can give to my CPA so we can lower our taxable income? We made about 350k as a household in 2020 and I do not want to be st...