Hello,I have a question related to getting accelerated depreciation. Assuming I meet the IRS guidelines for a real estate professional, can I do a cost seg and claim accelerated depreciation for a fix and flip propert...

I recently read a Forbes article comparing single family rental investing to passive investing alongside a professional in commercial or multifamily real estate. It's always an interesting comparison. Below are the to...

Hi Guys,
I need an advice on 
I have been using a tax consultant for last few years. He is not a REI oriented tax consultant. He is does all. My scenario is,  I have  3 rentals (2 I owned for a few years and 1 acqui...

I recently spoke to a property management firm that told me their clients don't experience any pain with financials or taxes Jan - April. 
I'm curious,
Is this PM out of touch with reality OR on how rental property...

I received a lot of good advice from my last post. So I figured posting another one. I am in Boston and manage properties for friends:I provide a copy of tenant ID to the landlord and ask the tenant to sign W9 so I ca...

As a residential developer who spent twenty years as a CPA Partner in a large local accounting firm, I rarely post much on the various real estate websites. But, in light of the acts that the GO-Zone tax benefits will...

Hi All. Thank you everyone  for engaging on my posts as I ramp up towards my first deal!My next question is a simple one: through circumstance, we will almost certainly have real estate holdings in two states (Georgia...

I have a primary residences that is in a great area that I’m looking to rent out within the next year or two. My question is, if I want to remodel aspects of it to increases its valuation does it make sense to wait un...

Hey Guys,

Pleasure to join the community. (sorry it's taken me a while to introduce myself) I'm an investor in the greater Los Angeles area. It seems like the topic of flips is really hot down here, but my goal is...

Hello BP, looking for some advice.I bought the 3bd/2ba house as a primary residence for my family in 2012. Last year 2020 we purchased another SFH and converted the 2012 home to a rental. After a year of renting to a ...