Does it make sense to get the cost segregation study done for 1000 sqft for single family homes?
How much does it cost?
Can it be DIY?
recommended only for bigger properties?
In the past I've held properties in my name and received rents in my name at a generic mailbox and never had a problem. Also, I have umbrella policy that covers additional liability exposure for my properties. Now I...
Hi-- this is my first post to the group. I joined a few days ago so please forgive me if I do this wrong. I read many articles and books on investing in real estate. I have owned a few rentals for 20 years or more, an...
Hi BP! I'm purchasing my first multifamily property located in Redlands, CA. The property is nicely located near a university and the area generates a pretty decent selection of tenants. I've been reading about the pr...
We have 3 rentals, and Turbotax says we made about $27k off the 3 combined last year, so I ended up having to pay the IRS $8k. Currently the tenants pay us directly to our bank accounts. Would we owe less if we set up...
I think the constant discussion of California vs anywhere else is intriguing. So I pose a question. Hypothetical, if a person had a 2 million dollars to invest, they purchased property with 1 million in California an...
Buckle up. This is a long post addressing many myths around the current obsession with the "STR loophole." And the first of such myths is that it is a loophole. No, it is not. Loopholes are something UNintended. In co...
Curious what everyone's thoughts are on the following 2 options:
1. Put money aside in 401k and take a nice tax savings now, but not be able to leverage the money easily for REI. With a Self Directed 401k I may have...
I'm curious if anyone has tried to deduct the cost for an account on Audible.com or a similar audiobook database subscription on their taxes? Can you justify that there is enough real estate related content to write ...
Hoping to gather some opinions. For SFH's that are LTR's (home values approx. $280k with land value backed out) what are the advantages and disadvantages to conducting a cost segregation study when bonus depreciation ...