Wells Mangrum
Charitable donations of real estate.
I purchased a gas station in 2018. Gas stations normally depreciate over 15 years. But I’m using special bonus depreciation to take immediate 100% depreciation for the full cost of the acquisition minus the land cost...
Scott Esmail
Buying or leasing a vehicle
Does anyone know for tax reasons only is it better finance or lease a vehicle? I once heard leases are 100% write off can anyone confirm this, or is there any benefits to financing?Also does it matter what kind of veh...
Account Closed
Choosing Suitable Areas to Invest In
When looking at areas to focus on to source deals, what are the qualities of suitable areas/neighborhoods? From browsing BP and doing other research I have a general understanding although much of the advice I have fo...
Lance Lvovsky
Ultimate Guide on Opportunity Zone Tax Incentives!
Last Friday, the Treasury released their Proposed Regulations [REG-115420-18] on Opportunity Zones - possibly the best tax shelter created, ever! At Marcum, we are hard at work putting together insights as we peruse t...
Marshall Hooper
Multi-Family Greed being brought to light
Value-add investors getting busted for fudging the numbers.https://www.wsj.com/articles/u-s-pursues-one-of-the-biggest-mortgage-fraud-probes-since-the-financial-crisis-1534357872
Ravi Arora
Multifamily vs Office spaces as CRE investment
Howdy folks. Newbie here.1. How do the office spaces compare to multifamily (or living spaces for that matter) as investments? In my experience, I mostly hear houses or multi-family as the first and foremost cash flow...
Jack B.
Will I owe capital gains tax if I move back and sell?
I don’t think I would, but for some reason the IRS’ web sites example claims that I would, despite it conflicting with several CPA articles that I've read that state otherwise. I thought that as long as I lived in the...
Kate C.
What to know about buying Land ?
Hi!What are some resources that teach one the things to look out for when purchasing land to build on? What’s the process? I want to know step by step. Someone to say, “follow these steps and you won’t make a costly m...
Martingale Kim
out of state rental income state reporting
I'm a MD resident and have rental income in Philadelphia, do I need to file and pay PA state income tax and get refund for the PA tax from MD state tax?
Tiffany Tan
Help with owner-occupied duplex tax filing
Hello everyone, I need some help with my taxes. I own an owner-occupied duplex in Philadelphia, and each unit is equally 800 square feet. I want to make sure I'm doing everything right before I submit my taxes.
Here...