Hi everyone,
I've been looking for a good list of assets to track for depreciation and came across a decent one, so I thought I'd share it with the group. I plan on converting it into a spreadsheet for practical use,...
Hi Everyone,From Jefferson Lilly's great podcast on mobile home investing (ep. 111), I know that mobile home parks have an accelerated depreciation schedule (relative to standard residential and commercial buildings) ...
I've spun up an LLC for my RE investing and rental management business. This is on the side, while I make $ as a salaried employee. The plan is to eventually leave the W2 job once the business grows to enough profitab...
I just finished my taxes using Taxslayer, as I have done for a decade. I just noticed a column on a worksheet entitled “ statement of depreciation” for “accum deprec” and I expected the number to be the number of yea...
Hello everyone. I’ve been following Michael Blanks content heavily over the past 2 months and what really stood out to me is the cost segregation & bonus depreciation. If someone could please explain these terms a...
I have a partnership that owns a rental property. My trust has owned half of it for several years. I bought out the other half as an individual from my partner last year. So my trust owns half, and I own half.
Since...
Hi all - I have a question on depreciation recapture as it relates to syndications and calculating after-tax returns as an LP (I am mainly thinking about multi-family here). As I understand it, an LP will have to pay...
As I am getting ready to do my taxes this year I started thinking about the depreciation for my rental property. I know the standard is to depreciate the rental property over 27.5 years but since I don't plan on ownin...
Hi, I’m Fairly New To the game, but have bought 3 Single Family Rentals over the last 1 1/2. I watched some of the podcast about this . But I’m looking for some direction on the 50% -100% Bonus Depreciation . 2 were b...
I have a single family residence that I initially purchased as a primary residence, then rented out for some years, and now use as a primary residence again. During the period as a rental, I depreciated approximately...