William C.
Cost Segregation Without Bonus Depreciation on SFH, LTR's
Hoping to gather some opinions. For SFH's that are LTR's (home values approx. $280k with land value backed out) what are the advantages and disadvantages to conducting a cost segregation study when bonus depreciation ...
Zack Thiesen
What is a Millage Rate? (Property Tax Question)
I'm doing a deep dive on PA property taxes and how they work in different areas and came across Dauphin County's millage rates one-sheet for 2020. There is a number in the end column labeled "TOTAL" and an example at ...
Sam Perez
Friend moving out of state wants me to take over property
A friend of mine owns a 2 bed 1 bath house in Crum Lynn, PA. He's moving to Arizona in January and doesn't want to deal with selling the house. The property has a new bathroom, kitchen, water heater and heating (two y...
Costin I.
Cost Segregation - Partial Disposition and offsetting insurance proceeds
We had a roof damaged in a hail storm and got it replaced and paid (minus deductible) via an insurance claim. This is on a property that had a CSS done on it some 6 years ago when we got it (and placed a new roof at t...
Chris Blackburn
Cost Seg? Buying a 170K sq ft refer plant, with $10M+ equipment.
(Refrigeration - Not Cannabis) (shame on you;) (well we are in Oregon)We are buying a manufacturing and refrigeration warehouse with at least $10M worth of older equipment that we cannot use. How does cost seg work...
Dave Rav
Cost of vinyl siding a home
Hello group. I'm an active investor of 12+ years. I've done a few flips and hold some rentals. One thing I've never done is completely re-side a home. I'm hoping to glean some information from the group on repair ...
William Thomas
De minimus Safe Harbor
Hi everyone - I purchased my first property last year and I'm starting to put together my taxes for the year. I purchased the property in May and repaired it over a couple of months before placing it into service in J...
Erin N.
De Minimis Safe Harbor
I paid $30k for windows this year. 60 windows @ $250 each. My invoice is itemized. Can I claim de minimis safe harbor since each window is less than $2500 and my invoice is itemized? I didn't have to replace them a...
Julio Gonzalez
Should I Get a Cost Segregation Study Before or After Rehabbing?
A cost segregation study should only need to be performed one time for each property and the annual depreciation calculated during the study using the detailed asset listing is relevant for as long as you own the prop...
Steve A
Finding a Home Inspector
Finally got an offer accepted on a SFR in San Pedro CA. Since I'm using the listing agent, I'm not sure I want to go with her recomended home inspector.
Any LA-based home inspectors you can recommend?
Any tips on fi...