Hello,We have a general question about recording for tax purposes HVAC replacement in a single-family rental property.
For the scenario below - is there an option to deduct the expense (fully/partially)?
Scenario:
...

My wife and I bought a property 50/50 with my In-Laws. We bought it in September '13, knowing we would sell it to an interested home builder. The property sits on several acres.

I have read of scenarios where...

Hello all, I'm in process of setting up my entity structure, I'll have a holding company LLC and then two property LLCs with one property in each. I've got a checking account open for each al...

I have been investing for several years. Initially, I met with a Tax Consultant to ask how to categorize Misc Expenses. Expenses that cannot be tied to a particular property. He advised that I either not report the...

If you are a joint tenant with right of survivorship on a property how does the accounting work for tax purposes? Let’s say there are five people on title as joint tenants with right of survivorship for one property. ...

I've been a real estate investor and broker since I was 19 years old I'm 38 now. Ive always had 95% ++ of my investable assets in real estate... mostly residential real estate, apartments, and shopping centers. I neve...

I am about to sell my bar property and will net 200K after smoke clears. What is the wisest thing to do with it? I want to invest in another property but can't decide on what. I have done flips and am 2W-2L(broke even...

Hello this is my first post on BP. I am wanting to do my first deal and know of a great deal of need of senior living/ disabled, low income housing in my area. I live in a small agriculture community (population 1200 ...

Cost segregation utilizes the MACRS approach. The key is to identify personal property from real property. Tangible personal property identified in a cost segregation study is what allows you to accelerate depreciatio...

I currently own a duplex in SE Michigan, with a lower 2 bedroom flat and an upper 1 bedroom flat. There's only one gas meter. I've looked into splitting the ducting and plumbing for an additional furnace and hot water...