Did you know that there’s a tax credit available to employers that hire employees from specific target groups that may otherwise experience significant barriers to employment? This is known as the Work Opportunity Tax...

Morning all,We sold our house late last year in San Diego and ended up renting it out for the previous 6 months as initially our buyers didn't qualify.  We spent almost $12k to get it rental ready (repairs, replacing ...

The tax deadline is just around the corner and you want to be sure you don’t miss out on the Home Office Deduction! While you may not see a huge tax deduction like you would with cost segregation, energy credits, bonu...

Hi for those of you who do major value add apartments how do you expense most of these things.  I've heard on first year purchase you can expense 100% or some say only 50% for bonus or accelerating depreciation?Sectio...

Hello All,Very new here, both to the community and to investing/real estate at large.I'm wondering if you all think it's worth it for me and my wife to find a CPA.Our financial situation is pretty simple. We both have...

Hi! I've searched around a ton to find a simple answer to this to no avail. Maybe because it's been hard to wade through the flood of information on depreciation and expenses.I wanted to know the strategy behind wheth...

Hi. First post. 😁I understand that to determine depreciation, one takes the FMV minus the cost of the land and divides bu 27.5, correct?However, how does one determine the cost of the house(alone) on the property? Is ...

Hi Pros,I am planning to invest in RE Syndication through SD IRA and want to understand tax hit on return. I will be investing as limited partner in Syndication which will then hold multi-family or commercial real est...

Currently in contract on a SFH in La Porte, TX (Houston area) and trying to figure out the best insurance option.  One company is quoting me about $1,000/year without named storm coverage or $2,000/year with.  Named S...

Hello everyone! I was sitting here wondering what’s the best way to do this. I’ve just completed my flip house and am walking away with a decent profit approximately $50,000. My question is what’s the best way to take...