I got a call the other day from a cost segregation firm. He estimates that I can use bonus depreciation to get effectively $900k of depreciation in the first year. This is due to taking advantage of bonus depreciati...
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I've bought a property and I'm getting it ready to rent. I have not publicized it as available, so I'm not operating under the safe havens.
How are hand tools deducted (if at all)? While I understand major equipment ...
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This year my AGI was over $150k and therefore passive income loss limitations eliminated my ability write off losses from my rentals. I am not a real estate professional and I don't see that as a viable path at this t...
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I am currently renting a 3 bedroom 1.5 bathroom house in the Silicon valley from my father in law for about 60% of the market rent for similar properties in the area. My father in law does not want to be in the landlo...
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I bought a second home as primary residence and would like to move my parents there (so they can help out for my child care and I can help them with $, they are little tight).
How can I get the most tax benef...
Totally out of my depth on this and interested to learn more. I have an opportunity to invest in the Working Interest through a Participation Agreement on an oil and gas "development". However, no drilling is requir...
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New to RE investing , can I claim taxes fees on RE mentor/coaching, including Real-Estate software system package as RE start up Business cost?
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Happy Quarantine Everyone,
I hope you all are able to do what you can in these hard times.
Im ready to take the leap sometime in the near future. The leap is quitting the corporate job and pursuing real estate full...
I just finished last year's taxes and have a large passive loss (after depreciation) on my rentals. But being a passive investor with large W2 income, I cannot benefit from the tax loss (at least thats what my account...
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This is going to be a long one, so prepare yourself =)
My fiancee and I have been house hunting for a personal residence for a few months now. I own a home since '09 that is underwater (stand to lose 18K or...