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Bonus depreciation is a powerful tax benefit but even some of the most seasoned real estate investors have never heard of bonus depreciation. Why not?
It’s traditionally been a tax benefit reserved for developers tha...
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Hi everyone, in April 2020 we purchased a 4-unit property in Los Angeles where the seller financed a 2nd mortgage. The seller stayed in the property as our tenant after close. We are attempting to pay off the 2nd, whi...
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Hey Folks,April 15th is right around the corner and I constantly see the same tax questions pop up in the forums. Hopefully this thread can help serve as a running list of real estate tax questions and answers. Ideall...
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Hi, my husband and I are the only two members of an LLC (partnership status for tax purpose). The LLC owns a property outside the state where we live. We have a dedicated office in our primary home that we use exclu...
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Looking back I see this topic was discussed about 10 years ago.
Recently it has come up in some podcast I have listen to. I'm curious if anyone has truly vetted these policies. The idea of creating a investment arbit...
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I emailed my CPA to ask what our tax liability would be if we sold some properties. He answered my question via email and I got a bill a month later. I feel like we pay a lot for our tax prep ($1500) and to be billed ...
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I am considering a "strategic default" of my condo property in California. I bought it as my primary residence in 2004, but have rented it out for the past two years. I am more than $100K underwater, and do not qualif...
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We're planning to STR a cottage on our personal property.My question is from a structure standpoint, can we rent the cottage through one of our corporations, or do we rent it personally. I know one other family that ...
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hello all. first post here. I am interested in getting into the real estate investing world and have a few introductory questions. Unlike many of you, I have no interest in doing this full time (at least not until ...
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my wife and I got into real estate investing about two years ago. I am going to put below the RE deals that we have made, thus far. We are both 28 and looking to really create a good business model and i think we have...