Mark Betche
Depreciating Investment property
I just read in a book that you can depreciate your investment property. Does anyone know the formula for doing this?
Mayur Gaitonde
Tax deduction on syndication investment forclosure
Hello I am new here and looking for advice. Couple of the syndication deals I had invested in passively and have been foreclosed on by the lender. I have lost 100% of the investment amount. I was wondering if there a...
Joe Michaels
What happens after 27.5 years with major improvements, can you still deduct?
Hi,Just watched the latest BP podcast about cost segs and it got me thinking....What happens after depreciation runs out on your property? So as I understand it, repairs/maintenance is fully deductible the same year ...
Jeremy Bottlinger
Cost Segregation Studies
A cost segregation (seg) study is a detailed analysis of the components of a building so that the separate components can be separated and classified into shorter depreciation lives. By performing this study, building...
Sachin Maskey
Cost segregation study- when and why should i fo this ???
Hi,
I am looking for feedback and benefits of doing cost segregation studies for 3 unit multifamily . I recently purchase this multifamily on 5/2020 . i was wondering if this is worth doing and when should i do this ...
Joshua Bahr
Advice on New to Hard Money
My wife and I closed on our first rental in October 2020. We have a renter and is cash flowing $185/mn. We enjoyed the search, purchase, rehab, and renting process. Previously we've done two successful but major li...
R Durney
Passive Losses from Syndication for a Real Estate Professional
I am considering passive investing in real estate syndications, but have questions about the tax benefit of the depreciation/accelerated depreciation.I am currently in a field that would qualify me as a "real estate p...
Austin Bright
What expenses can I deduct for taxes?
Newbie investor here.I've read that I can deduct depreciation from my expenses.... What other non-cash expenses can I take out? A maintenance reserve? A vacancy reserve? Or is this not allowed?Also, I know I can deduc...
Julio Gonzalez
Cost Segregation is an Important Tool for Commercial Property Owners
What is Cost Segregation?
A cost segregation study is a strategic tax planning tool that separates the assets that have a shorter useful life and can be depreciated over 5, 7 and 15 years from the residential rental ...
Julio Gonzalez
Cost Segregation on SFH
A question that I am asked frequently is whether or not a cost segregation study is beneficial for single family homes. The answer is yes! We have seen properties benefit from a study with a purchase price as low as...