Cost segregation studies is an area in which many people have a lot of questions about. I thought it might be helpful to address some of the most frequently asked questions that I receive.
WHAT IS A COST SEGREGATION...
Since I am very new and green, I'll continue to crowdsource insights/ideas. How do you keep track of your expenses for each property? I want to be able to have separate P&L statements for each property. I am think...
Hi. My brother and I are 50/50 business partners in our real estate journey. We are closing on a couple properties that we tend to use for short term rentals in order to take advantage of the str tax loophole to offse...
I must admit that I struggle with bookkeeping . I always say that I'll do better on the next project or next year. This drives my husband nuts. One of my 2015 goals is to improve in this area. My strategy is to tackle...
Good Afternoon:I have a client with a significant real estate investment portfolio. He is trying to keep track of at least 100 properties at any given time in various states of ownership. ( as a partner, as a mortgage...
My partner and I are interested in doing some crowdfunding for larger commercial deals and I was curious if anyone had a pitch deck they were willing to share with me. Thanks for any help on this!
I'm working on my tax return and ran into difficulty. I bought a used skid steer in 2018 for use on my rental properties, cost $6000. I have three residential rental properties in service and one I am currently renova...
I've used straight excel over the past few years. I heard about wave (which is free) so I'm in the process of setting it up. Running into some walls and it's making me think if it'll be worth it.What do you think? Hon...
Hi! I would like some help. Last year was my mums first year being a Landlord. Now we are both trying to figure out how she properly files taxes on her rental income. Initially I was telling her to treat it as a capit...
Any one here known how to start a property management company.