Julio Gonzalez
Cost Segregation Study on Single Family Home
A cost segregation study was performed on this single family home in West Palm Beach, FL purchased in 2023 with a depreciable cost basis of $841,850. The home is 2 stories and 2,806 square feet and was constructed in ...
Bryan R.
Save 9% on your taxes!? Section 199 Deduction
I can't find much discussion of this, which makes me suspect I haven't actually stumbled onto some magical tax loophole. But what discussion I can find seems to indicate it applies to some real estate activities. Hopi...
Sam Dal
AMT and mortgage property interest
Guys - this may not be a typical question found here. I'm about to buy my first single family house (just to live, no investing or renting out). One of the reasons is to avail of the mortgage interest deduction
Howeve...
Steven Hume
Cost Segregation Discussion
Hello all,I am currently looking to network with commercial real estate investors in the Houston, Tx area. I want to hear opinions on cost segregation and advantages/disadvantages of the process. I enjoy having these ...
R Durney
Passive Losses from Syndication for a Real Estate Professional
I am considering passive investing in real estate syndications, but have questions about the tax benefit of the depreciation/accelerated depreciation.I am currently in a field that would qualify me as a "real estate p...
Cazemba Richards
Wholesaling with a Real Estate License.
Hello my fellow mates,I am very new to real estate investing and I'm still in the early learning phase. After a few weeks of research I have decided that I want to start my investing career with wholesaling in New Yor...
Chris Burns
Form LLC as own General Contractor
Hi folks, I am about to launch into a large rehab project. I own the house. Will be fixing some structural, adding sq footage, updating everything, etc. While I know BP is primarily about RE investing, this question i...
Mike Landry
Why all the w2 hate? Where is the sweet spot?
Is a W2 job really that bad? I laugh when I read all the posts and articles talking about how horrible w2 income is, blog. And then people talk about sheltering via s corps with low salary and distributions to avoid...
Julio Gonzalez
The Magic of a Cost Segregation Study in Milwaukee
Last year, a woman purchased a Japanese restaurant in Milwaukee, Wisconsin for $840,000. She wanted to renovate the restaurant but was concerned about the construction costs. After doing some research, she realize...
Eric Lowe
Shared Appreciation Loan
Hello, I am evaluating the pros and cons of a shared appreciation mortgage (SAM). The context: I want to finance the construction of a 2-unit ADU in San Diego. I have an existing 1st position DOT on this property, so ...