Does anyone have an excel sheet that you use for "cost segregation"?
I've tried to post this as a reply etc and it doesn't show up, so I'm trying it from new perspective!! I think it is worthwhile.
I promised my wife I'd work with her and be available to help with the income taxes ...
Hello,
I'm not an agent or anything, just a regular person with no knowledge of real estate. I'll describe the situation and hope for answers.
Let's say "Joe" moved out of his home for a job in another city. He re...
Hi BP, I am curious to know what proof do I need to travel to Utah (from Oregon) to check up on a rental property for the IRS audit of my business trips? I could possibly save down pictures of my texts with the tenant...
Inflationary pressures, rising interest rates and property taxes are just a few of the headwinds multi-unit property owners experience in a fluctuating market cycle. Many small owners may quickly react to these pressu...
say you buy a used $150 stove from some random person on craigslist/offerup or hire a handyman for a $200 and they are taking cash only... is a ad hoc bill of sale enough documentation for these expense write offs to ...
Hello fellow investors, i acquired a 4 plex a few months ago and just had my first tenant move on so i am currently working on getting the unit rent ready for next tenant. In the process of of renovations, i am findin...
You’ve decided to get a cost segregation study on your real estate property, but you aren’t sure how to determine which company to choose. It is crucial that you select a company that provides a “quality” cost segrega...
Hi, Does anyone have a sample excel sheet with book keeping or accounting for someone that is starting up with rental properties. Basically what I am looking for is something like a detailed real estate balance sheet.
Do I need to have my RE license in order to manage my portfolio in CA? Can I qualify as a "real estate professional" for tax purposes, if I manage my portfolio without a license?