I bought 3 rentals in 2018. With the new tax law I can deduct all rehab costs AND I can deduct the value of things like floor cabinets etc. (about 15-20% of the total purchase price of each unit!) which is a big deduc...

Hello, I am new here and looking for help.  If this is the wrong platform forgive me.  I am an active three year STR investor with 4 current STR properties.  In January of 2023 my business was sold.  :) Unfortunately,...

Hi All!

Looking for a knowledgeable CPA who's good with real estate tax advantages, specifically looking at STRs. Please let me know if you known someone qualified!

Hi BP, I get this question over and over again from new real estate investors that are just starting out - how do I get around DTI limitations? In order to buy more real estate by means of conventional lending, you ha...

I am a W-2 employee and have no problem refinancing my rental properties from private lenders.  One day I plan on being self employed with RE Investing as my full-time career.  What impact am I looking at from lenders...

I'm starting to track my mileage via the Mileage IQ app and wondering whether driving for dollars mileage is deductible.  If so, does that make virtually all my mileage deductible?  I can't remember the last time I dr...

Hello, first time posting here. 
I'm contemplating the sale of a rental property I own. I have a net equity (after commission + repair allowance) of $116k in the property. The home is worth 300k. I'm wondering if a 1...

I am looking for recommendations of a CPA or tax adviser to answer some income tax questions about my real estate investing. I am comfortable doing my own tax return filing, but have a couple questions about some of t...

What is Cost Segregation?
A cost segregation study is a strategic tax planning tool that separates the assets that have a shorter useful life and can be depreciated over 5, 7 and 15 years from the residential rental ...

For example: you buy a rental property for $100k.$40k attributable to land and $60k to building.You sell it 5 years later for $150k.You'll need to take $2,182/year for depreciation (see MARCS 27.5y table), so that's $...