Robin W.
Hoping to set things straight with rental properties
A parent split down payments with me after receiving an accident settlement at age 18 to co-own two multi-fam properties located in different states. But now over a decade later, I realize they've not been managed pro...
Julio Gonzalez
A Deeper Dive into Section 179D Energy Policy Act
The 179D Energy Policy Act gives taxpayers a deduction for installing energy efficient assets such as the building envelope, HVAC and lighting. It is for apartment buildings greater than 4 stories and newly constructe...
Travis Reed
Hey CPAs, Can I do my own cost segregation study?
I am a practicing Texas Licensed Civil Engineer. I work at a consulting firm that does development work, utility work, drainage, paving, construction management, surveying, plating, etc. I estimate project costs on mu...
Jason Dillard
Cost Segregation
30k in cost segregation just saved us 400k in income tax this year! If you own property valued at 400k each and up and pay income tax, I strongly recommend it.
Timothy Lewis
CPA vs. RE Accountant vs. RE Attorney for Tax Planning???
Hello BP World!When it comes to handling Real Estate tax, I consistently hear 3 different titles of tax professionals/specialists thrown around: RE Accountants, CPAs that specialize in RE, and RE Attorneys. I'm lookin...
James Samsing
Energy Efficient Mortgages
Has anyone worked with a lender who has actually closed an FHA, VA or Conventional Energy Efficient Mortgage? Interested in flipping a home that would qualify based on HERS rating + energy savings and would like to pa...
Robert Granara
my 1031 exchange #'s & ?
hello, im doing my research on the 1031 exchange...
my #'s: i purchased a 3 family for $215K and owe $209K...i put $30K into it and have it under agreement for $300K
when the atty sets up the 1031 and we close on th...
Kirby Davis
CPA Recommendation - Business Evaluation / Valuation
Looking for a CPA with strong business evaluation / valuation skills. Currently looking at new investment opportunities and would like to have a CPA review the financials provided, conduct an evaluation (poke holes in...
Ryan W Bridges
Fannie Mae Family Member Question
I'm getting started in investing. I have a family member that works for Fannie Mae, and they were telling me that I can't buy anything that Fannie owns or services, and more over I can't even walk in with the intentio...
Babatunde Onadele Jr
Cost Segregation Help
I purchased my first duplex in June of this year, and I am evaluating conducting a cost segregation myself OR hiring a firm to complete it. I know this is the last year of 100% bonus depreciation so I want to get it r...