If a Cost Segregation Study had not been performed on this $616,000 Residential Home in Long Beach, California, it would have had first year depreciation of approximately $22,400. Thanks to the Cost Segregation Stud...
Hi all, I am looking for some expertise from STR landlords or accountants. I currently have W-2 earnings and realize that I can buy a STR, spend 100 hours fixing it up and staging it, and perhaps manage to get a few g...
As a beginning investor is it crazy to consider purchasing a 5-unit property - is it better to start with a single-family property? It seems to me if the 5-unit property is a sound purchase it would actually be less ...
Need some help with tax math here. Wondering if this is a viable alternate strategy to a 1031 exchange? Here are the specifics:I'm getting ready to sell a rental property (Property A) for about $6.5M next month ...
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...
Hello fellow BP members! I've been dedicating a lot of time to studying commercial real estate investing and still have a lot to learn. Quick question: When you evaluate a property, what has been the fastest and most ...
Hi everyone, I had a plumber come over, walked him through everything I wanted done, and he told me he would be done before Thanksgiving. He wanted 1/3 payment up front in cash and I paid him. He's done everything on ...
Hi all, I'm looking for a tax accountant who knows the ins and outs of filing taxes for RE investing, house hacking, and rent-by-room (bonus!). Will definitely need someone for 2020, but also wondering if it's necessa...
I want to start getting better at being able to calculate rehab. What can i do?
I want to preface this by saying that I already own a small commercial building for my business and my personal home, so I understand what owning a property and required maintenance can look like. But I’ve never had a...