Raj Sid
Bonus Depreciation and Year 1
Bonus DepreciationIf i purchase a new construction as investment and put in service for rental, upgrades on top of the base price of the House(As sold by builder), can I deduct it on year 1? Example, if I upgraded t...
James H.
Dallas Housing Authority Timeframe
Hello Everyone,At a meetup group about a year ago, the speaker mentioned that Dallas Housing Authority is slow about inspecting homes for Section 8 applicants.It is a slow time of year and we agreed to accept an appli...
Rick Howell
Technology vs. People Skills: Which Real Estate Strategies Will W
The real estate industry caters to independent strategies. For every investor, there is another way to go about conducting business. Some may prefer to utilize the convenience of technology while others want to mainta...
Joe Edwards-Hoff
Writing Off Improvements- Safe Harbor
I just read this article here and I wanted to confirm the info-https://www.nolo.com/legal-encyclopedia/small-taxp...So, it sounds like I am able to write off some of my improvement expenses, as long as it is less that...
Ed L.
Capitol improvement effect on 50%
I've been thinking over the 50% guideline and have spotted a hole in the analysis.
Say for example there is a house for 50k. House rents for $800 x 50%=400. P&i $300 and $100 cash flow. Good deal right?
No...
Justin M Christian
Is Cost Segregation Possible for Smart IoT Improvements
I am curious about if smart locks, lights, thermostats and any other smart device property improvements could be counted toward cost segregation. Does anyone have any idea if this is possible and if not, could you ela...
Michael Daniel
Cap Ex or General Maintenance
Purchased two rentals this year both with long term tenants. Immediately started making minor improvements, due to hurricane season decided to remove one tree and trim a huge oak tree at the other location. From a sen...
Tyler Erickson
Commercial Appraiser Partnering with a Fixture/Contractor Firm?
Hey all!I just wanted to get some feedback from the commercial real estate veterans out there. I currently manage a commercial real estate valuation firm with a Certified General Appraiser that has over a dozen years ...
Jared Christensen
Tax write off when doing a brrrr
When doing the brrrr method can you write off your rehab cost on your taxes
Derek Smith
Business Expenses - Can we write off prior to LLC?
Recently my girlfriend and I have been remodeling her house, some changes were required (repairs) while others were more cosmetic (general updates). Once finished we will list it as a rental, in a couple months, but w...