Hey y'all! I've been diving into the world of cost segregation studies and its pretty neat. TLDR - it accelerates depreciation and you greatly reduce the amount of taxes you owe. Let me know if you have experience wit...

Hello there everyone-

I have a quick question about taxable income. Lets say that I make $700,000 in one year and decide to buy an apartment complex for $600,000 dollars.

At this point what is considered to be my t...

My 2 neighbors in Southern California are considering building a larger apartment complex across our adjacent 7,000sqft lots. We purchased our properties decades ago and Prop 13 has kept our property taxes to less tha...

Hello everyone. I’ve been following Michael Blanks content heavily over the past 2 months and what really stood out to me is the cost segregation & bonus depreciation. If someone could please explain these terms a...

My partner and I are very close to closing on approximately 2.4 acres of land just outside of Houston.  We have met with city officials and they are very eager to get more development in their city.  I have done the n...

Hello all,I am looking to buy an apartment building. Right now, the best offers around me are for some 1.3-4 million, that only generated around 100k per year gross, so there would be a high chance of not cash flowing...

Being a commercial broker, a friend (he is a broker too) recently brought me this property. If this moves forward, this will be my first property. We plan on going in on the investment and operating the property using...

I bought a restaurant building in March of this year. The building is around 10 years old. I used 1031 exchange to buy this as a replacement property - sold the original in Dec last year. My question is, do I have any...

What should we expect tax season if we paid off investment property this year,  and how can we minimize the tax bill on the income of paid off rentals?

To anyone out there who might have some experience with this or advice. I am a general contractor with over 10 years experience in commercial construction but working on being self employed as a builder/developer of S...