I own 1-2 acres of land that I want to develop for commercial storage. The land is in North West Houston, by Spring TX. The land has utilities currently, however, I would have to lay concrete, etc (it is rural). I wan...

Which does NOT describe a real property interest for a limited period of time?

A-defeasible fee estate
B-leasehold estate
C-life estate
D-life estate pur autre vie

I answered A, because the time is not limited as...

Tax season is upon us, I'm in need of some advice regarding cost segregation for next years planning.  My husband and I are real estate investors in MN with 70+ units that are long term buy and hold properties.  We ar...

My CPA was discussing some ways to accelerate cashflow on my properties and mentioned bifurcated deduction/depreciation on some of the improvements (e.g., carpet, appliances, blinds). However, she mentioned that for t...

Dear All, I am a new investor in Columbus Ohio.  Investing in SFH in a C class area and up. My strategy is to buy and hold. In the past several weeks, I have been studying the Souren Orchard + Driving Park areas. It l...

My parents bought a short term rental property in Cape Coral Florida in 2021. From what I understand, they can use bonus depreciation once a cost segregation study is done. Unfortunately they did not get a cost segreg...

Can anyone explain what deductions are allowable as a limited partner in a real estate deal vs. actively owning/managing a property? For example, if someone creates an LLC through which they invest in limited partners...

Hi everyone looking for some input or help if possible, purchasing a duplex with my wife closing this November and we want to start out on the right foot. We are owner occupying one of the units and renting the other ...

Hey all,I've been reading a bunch of books about cost segregation (tax free wealth by Tom Wheelright) and there is this one question that I can't find the answer too.Can I cost segregate my house for depreciation if I...

As a CPA focusing on real estate taxation, I frequently encounter property investors excited about cost segregation studies. And why not? The promise of accelerated depreciation and immediate tax savings is attractive...