Hi all,
Like many small landlords, I am trying to take advantage of cost segregation to increase my depreciation and further reduce tax liability.
However, a full-engineering approach is quite costly (easily over $...

I have a self-directed Roth IRA and set up an IRA LLC with a checking account for checkbook control.  I'm the manager of the LLC which my self-directed IRA account owns.Some Self-directed IRA Custodians (usually trust...

As I continue researching the world of real estate investing and with the IRS April 15th date still fresh, I thought I would share this great article by Raleigh-Durham CPA, Kevin Bassett, who specializes in real estat...

Fellow BP members who are commercial landlords & PM: Out of 100 tenants, how many of your tenants would pay the adjustable CAM at the end of the year? Any strategies to share? Thanks! 

Cost segregation has been a very popular tax strategy for real estate owners as it can provide significant tax savings. A cost segregation study is a strategic tax planning tool that separates the assets that have a s...

When most of us think of having the IRS audit us, we get anxious. Audits can be very expensive, invasive and ultimately time consuming. Some audits are inevitable. However, there are multiple preventative measures tha...

I have been thinking about self-performing a cost segregation study to tap into accelerated depreciation on one of my smaller rental properties. I have seen companies offering the service for a few thousand dollars. H...

Hi guys,I have a question for you:I have an acquaintance who went to jail for tax fraud. He says another big business came to town and wanted to buy him out, but he refused. So that business sent a couple of accountan...

I am in serious need of PAPERWORK help!  We own 20 doors and I have no problem managing them myself, however, the paperwork is out of control!  Does anyone have a system that they use that, for instance, when you need...

I am a practicing Texas Licensed Civil Engineer. I work at a consulting firm that does development work, utility work, drainage, paving, construction management, surveying, plating, etc. I estimate project costs on mu...