Hey all, I did a cost seg study on my short term rental for the 2022 tax year. I'm a financial planner by profession & really wanted to understand the nuances behind this topic more. I love comparing the hype vs r...
I am well aware of most of the tax benefits for an active REI or as the sponsor of a syndication, but are the tax benefits the same or different for a passive investor “member” of a syndication?
I am about to run a s...
I am doing some research to explore if you can do a Bonus Depreciation on a home you reside in and rent out (half the home) on Airbnb to traveling professionals. And would doing this be worth it / Looking to reinvest ...
I have a great employee, who is a hard worker and very attentive to details and or codes, which makes having him on staff frustrating but good. I feel as he has lost his drive/desire to work on real estate, he is take...
Can anyone recommend a good credit card for business expenses particularly for investment property needs? Id like to get a separate credit card for exclusively business expenses but not seeing any cards with really gr...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $1,100,000
Cash invested: $1,100,000
Contributors:
Stephen David Smith Jr.
Located “West of the Tra...
About a year ago I purchased a duplex in North Oakland and have been successfully house hacking it. The upstairs units rent pays the mortgage and a little extra, so I'm really only on the hook for a portion of the tax...
For all you wholesalers out there: in your experience, has been the best way to find sellers? I'm in the KCMO area, if anyone has location specific guidance!
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...
What investment choices would you recommend to offset W2 income taxes? Let’s say we’re shooting for $50k tax saving per year. My wife is a real estate professional (we can deduct real estate depreciation) so a proper...