A cost segregation (seg) study is a detailed analysis of the components of a building so that the separate components can be separated and classified into shorter depreciation lives. By performing this study, building...
Hi,
Are there any CPAs on this forum that have participated in any real estate investing themselves? and how has their CPA license benefit them (in anyway or at all) in their real estate investing activities?
I'm ju...
Hello, I own 6 acres of vacant cleared land in Southwest, GA. I wanted to get some recommendations or advice as to how I could potentially partner with a developer that may specialized in rural development. The land i...
Hi All,As a new investor it's quite a bit intimidating jumping into the field without knowing much about the business. One of the first things I've been told now that I own rental property and am looking to purchase m...
I have 5 properties in two states and have moderate cash flow at this time. (Although It's is growing in the right direction:-)I am exploring issues about forming a shell company and putting the properties in an serie...
Anyone using for all or part of your tax needs?
If yes, please provide feedback. ROI? Key findings?
Many thanks, Pat
I need a BP recommendation for an attorney specializing in REI in the Waco area.My father recieved notice that he was being sued for back property taxes on a home he didn't know my grandfather owned. He said if I took...
So recently, I was going to use a CPA for a corporate tax return. He outlined that book keeping was $45/hr and corporate tax would be $500, and any additional costs to file to USA would be determined later. I told him...
We have incorporated an LLC in Delaware. We are buying property in Ohio. With the business agreement contract do we have to put the state as Ohio or Delaware?
My husband and I purchased a home that we used as our primary residence in June 2020 for $182,000We are now selling it for $295,000 in July 2021We currently fall into the LTCG category of 15%Our new home is being purc...