Cost segregation utilizes the MACRS approach. The key is to identify personal property from real property. Tangible personal property identified in a cost segregation study is what allows you to accelerate depreciatio...
Hello all! After months of reading up on real estate and watching videos by investors, I'm looking to be get some one-on-one guidance from a BP community member to work through deal analysis for potential deals with m...
Hello, I'm mostly writing to confirm my suspicions as the regulations are a little unclear/I'd appreciate a second set of eyes to make sure I'm not completely off-base. I'm looking at the proper treatment of the de mi...
I am talking with my accountant about the mechanics of a cost segregation study on two duplexes purchased in 2022. He has asked for fair market values for items that will be included in the study (ex: roof, water heat...
We hear this a lot: work ON your business, not IN your business.How are YOU implementing this advice? How are you working ON your business?Did you start doing it at a specific time in your investing journey and do you...
I'm a buyer that was very excited to purchase a home. Long story short, and $100k+ worth of undisclosed issues later after inspection, I had to walk away as there was no way I could pay for all of it out of pocket. At...
Per the post description, can anyone share how your ~1% rule house hack has performed over 5-10 years? 10-20 years? More? Or, if you haven't been house hacking for over 5 years, please share that too.I'm particularly ...
I bought a house in 2011 and lived in it prior to moving out at the end of 2014. February of 2015 I began renting the house. I am trying to determine my cost basis for depreciation. I know that it will be the lesse...
Hi,With Williamson county appraisal for 2022, my rental property tax due increased by 35%!!! I already raised the rents by 16% last year and now this. Would you think rents will grow to catchup with property tax incre...