I purchased a gas station in 2018.  Gas stations normally depreciate over 15 years. But I’m using special bonus depreciation to take immediate 100% depreciation for the full cost of the acquisition minus the land cost...

IMO, the financial reasons for investing in real estate include 1- Asset Preservation2- Increase Wealth3- Current Income4- Tax MinimizationWhile these four are not mutually exclusive, the more you benefit in one area ...

Newton's law of tax:
What goes down must come up.
Everyone enjoys the sweet benefits of bonus depreciation, but what happens when you sell?
A post on recapture:
People are concerned about recapture when they cost...

I have read it is a good idea to have a cost segregation done I have found a few companies but what should I be looking for in a cost seg firm?

Good morning BP members! I'm interested in getting a couple more properties while rates are still low. The downpayment for 1-3 new rentals would come from a cash refi I'm looking at doing on two properties I purchased...

Hey BP,

I would like your opinion on my financing options on a 4 unit property that is fully rented. I was originally planning to buy with a conventional 30yr mortgage, but then found out that I cannot use th...

Has anyone ever done a cost segregation without the use of a firm that charges a lot for it? I have a buddy that's doing it himself and providing an excel sheet to a legitimate accountant. Any pros and cons to this?My...

What are your thoughts about having 3 projects simultaneously to scale quickly to reach the 10 loan limit on conventional loans. Then adjust the plan to scale commercially from there? I am thinking this: Buy homes wit...

Hi, I am using Turbo tax to file K1 form, the NC state tax is filed as non-resident alien. I had a passive loss form the syndication, I am not sure whether I should input 0 or the actual loss number in D-400 Schedule ...

Jeremy Keil mentioned that they expect the social security payment amounts to drop to 75% (of current amounts) in 2034. I have a few points of clarification I'm hoping someone can help me with.  Does that change (the ...