If a Cost Segregation Study had not been performed on this $883,000 Apartment Complex located in Vista, California, it would have had first year depreciation of approximately $32,700. Thanks to the Cost Segregation ...

A cost segregation study was performed on this single family home in Fort Worth, TX purchased in 2023 with a depreciable cost basis of $272,633. The home is 1,841 square feet and was constructed in 2009.
The use of t...

I'm starting to hear about great deals from Taxi drivers, hair stylists etc. Lots in my areas are going up 20% and home prices as much as 25%. Sorry, but I'm a realist and this seems a lot like 2007. Are we in for a s...

I found this today about a proposed meltdown:

The Day The Dollar Died

I thought some of our resident Tea Partiers would enjoy it. Most entertaining!

The Housing and Economic Recovery Act of 2008 includes a provision that modifies Section 121 of the Internal Revenue Code, which is often referred to as the 121 exclusion.

The 121 exclusion allows a homeowner to ex...

One in New Port Richey is Wachovia.

Wells Fargo seeing Mr. IT approaching fast from the near horizon, perhaps?

http://www.johndixon.com/photos/090623-24pip106.pdf

The other New Port Richey Branch is Bank of Ameri...

8.00 am in Grand Central today; Monday, March 16th. You would be forgiven for thinking it was Christmas Day....except, of course, Christmas Day is quite busy at Grand Central.
It seems the entire of NYC is working fr...

8.00 am in Grand Central today; Monday, March 16th. You would be forgiven for thinking it was Christmas Day....except, of course, Christmas Day is quite busy at Grand Central.
It seems the entire of NYC is working fr...

One of my favorite reports, which I’ve used for many years, is produced by Dr. Glenn Mueller of Dividend Capital. Is he credible? With over 35 years of real estate industry experience, Dr. Mueller is not only the f...

We spent $40,000 to restructure our house (basically combine two bedrooms to an airbnb unit). I assume I use form 4562 to report the start of depreciation of these capital improvements. If so, I was wondering how to f...