Logan M.
Recommendations for STR Cost Seg study for small property
I purchased and put in service a STR condo this year (2023). Purchase price was ~$200k. It is self-managed. It is a condo, so no land value. I am considering a cost-seg study and looking for recommendations on profess...
Horacio Gutierrez
Capital gains taxes on sell property
Hello,Say I sold a home and I paid capital gain taxes because I lived in there home more than 1 year. Where my capital gain was $50,000 my capitals gains tax bracket was 10% which leaves with $45000 profit. Do I have ...
Jimmy S.
fastening railing into plaster wall
What is the best way to fasten railing into plaster walls? I had them anchored in wall and they were pretty solid but I did not hit a stud. If you really pull on them they moved alittle and wiggled a small amount. (Z...
Vincent Sottile
Investing in index funds through brokerage vs ROTH IRA vs IRA ??
I have been investing in VTSAX through a joint brokerage account. I'm debating if I should start maxing out a ROTH IRA or regular IRA in addition. From what I understand you can withdraw from a ROTH at any time, so it...
Eric Perez
What are these brackets I found while starting Demo in a condo?
Started demo in a condo and ran into these metal brackets under the carpet at the front end of the unit. I have a couple of questions:Does anyone know about the purpose for these?What are potential reasons for this cr...
Mary Jay
Taxes for a trust- can you please help?
Hey guys, how does taxing a trust works?
Lets say there is a paid off property in a trust that is worth 100K, and brings 1K per month per rent. So its about 12K per year in rent. But, lets say we spend 2 k per year i...
Andrew Kniffin
Legal Structure to maximize depreciation
Imagine 2 investors wish to buy 50-50 a large multifamily:Investor A is in the 39.6% marginal income tax bracket. Investor B is in the 15% marginal income tax bracket. Each dollar of depreciation is thus more valuabl...
Account Closed
Marginal Tax rate explained - a visual
This is not a post to support or bash the Marginal tax rate system. But rather a simple explanation to common errors we hear on the news, in conversations, etc.
Many people believe that if you earn $1 more than the...
John Jones
Filing for Depreciation will be a costly mistake for me atm? 24h
Hello. In trying to help my mom after my dad passed away Christmas, I
rented my place out. Having never done this, and rushed by the
deadline to file taxes, I'm confused on some points. On advise pages
it's s...
Tony Thompson
Flat Screen TV Mount
New tenants will be moving in soon and they mentioned mounting a flat screen TV. How do you guys handle this?
First thought is to let them mount it and then deduct a reasonable amount to patch the hole (if its a g...