Hi all.  I'm a bit confused on this issue as I read about depreciation recapture being taxed as "ordinary income" then I see mentions of a "flat 25% rate".  I have a 3 part questions:- So will the rate depend on your ...

Hello, My property is in Laguna Niguel CA. I purchased a 3 bdrm condo for $365,000 in Dec 2009 with 20% down. I now have a 4% loan but pay $280 in HOA fees monthly. I did about $16,000 in improvements - paint, carpet,...

I own apts in Miami and Multifamily Buildings in Omaha. I want to buy more but Omaha slowly for surely is running out of inventory and has been harder. I was thinking Louisville but I have not even been there. I am al...

Hi Guys,I am not looking for a CPA level advice but just looking to know the basics to vet out CPAs when i go talk to them.I started in real estate last year. first property i bought at auction with cash was under my ...

Bonus depreciation is just a special part of the US tax code.
It allows you to take accelerated depreciation on portions of your property depending on when an asset is put into service.
At the time of this writing, ...

Hello!
I just recently purchased my first buy and hold investment property. Currently, I am in the process of transferring/titling into my LLCs name. My first question, in your opinion and experience, what are some i...

I just got approved for a mortgage in Humboldt, California.
It was an absolute nightmare with self-employment income being verified by fannie mae/freddie mac rules, and not being able to use income from new LLC's I h...

A question on depreciation for residential investment properties. When calculating depreciation, the regular schedule is to depreciate the property over 27.5 years. Do I need to separate out personal property (applian...

My wife and I acquired our first rental property this past August 2020. The property is a multiplex and we are currently house hacking. It was tough to take the leap but we have talked about investing for so long we f...

This IRS page mentions that limits are subject to coverage under employer plan.

[url]http://www.irs.gov/Retirement-Plans/Are-You-Covered-by-an-Employer%27s-Retirement-Plan%3F[/url]

What if you are not...