The basis for cost segregation and the MACRS approach (The system utilized by the IRS for the purpose of depreciating eligible assets) is to identify real property from personal property. Tangible personal property, s...
is there a way you can avoid taxes buy transferring stocks that have grown over a while to income producing investment rental real estate?
Hello All, My friends and I bought our first property to flip. All cash if it matters. We put the property in one friend's name (no separate entity yet). The house was bought in Ocotber 2015 and is now complete and ...
Would an architect or engineer that works in the residential industry, such as designing ADUs, additions, custom homes, etc. qualify as a real estate professional in the eyes of the IRS?
so im brand new to whole sale (real estate investing) all i have been doing is watching youtube videos and learning from sean terry , max maxwell , mark whitten. Etc... But i am searching on how i can get started with...
I’m buying a piece of land with a mobile on it. 15K down and the rest in monthly payments to the owner. No interest is being charged. I’m wondering if all the paperwork can be done with just the title company? Should ...
Notes are an excellent option for the Self-Directed IRA. This provides access to capital and takes advantage of earning money tax deferred or in the case of a ROTH, tax-free!This concept allows us to aggressively purs...
Hey everybody I have a duplex that I bought in 2016 and lived in for 2 years before moving out and renting both units. I bought it at $266k and it’s worth over $400k now. My goal is to partner with somebody who has co...
Hey all,I am looking to invest in a multi-family unit in the Lehigh Valley but because I have two other jobs (now 3 with this business) I don't want to manage the property myself. Better yet, I just don't have the ti...
I would greatly appreciate if someone could let me know the correct # of MACRS depreciation years that a manufactured home not anchored to land (e.g. sitting on leased land). Specific links or references to IRS public...