Looking for info on any potential tax benefits of STRs. What can be deducted? Is it more beneficial to have it structured under an LLC? Are there benefits if an ADU is used as a STR (I am in California)? I am aware pr...
Hi BP Folks!My search skills must be weak and I apologize in advance for not being able to locate the answer to my question. I am trying to find out what capital improvements go in which bucket for cost segregation d...
RealPro, You cannot trust them they tried to sale me a property that they did not own or control. Because of their contract they keep raising the price and threatened to keep my money. They kept my money because I ref...
Hi my name is Gabriel. I am a college student that in around one or two years will graduate undergraduate studies. I am from Puerto Rico and due to family problems I was given my father's Real Estate office. My mom ma...
What are some of your depreciation strategies? I am trying to determine the best strategies to increase my depreciation and lessen the time table. Typically one would do a cost segregation for each building. My consul...
Under current tax law, your building is set to depreciate over 27.5 or 39 years. But many assets like lighting, carpeting and cabinetry depreciate much faster than that.
Which means you shouldn’t have to wait all t...
Hey all,I've been reading a bunch of books about cost segregation (tax free wealth by Tom Wheelright) and there is this one question that I can't find the answer too.Can I cost segregate my house for depreciation if I...
Hi BP community,I'm finally purchasing my first property (to start house hacking). I'm trying to do my due diligence in examining the Condo Association's finances and would greatly appreciate your take on my situation...
hey everyone. I was in barnes and noble the other day and found a book called real estate investing for dummies. Does anyone have experience with this book and would like to comment on it? As a newbie I am making the ...
I have read almost every book, studied almost every course and I really feel.this is my time to JUMP in and invest. I have studied for 5 years now and (in between deployments and life)My main interest are wholesaling,...