I used a CPA for the first time and just got my bill $1200. I am a W2 and have LLC with 2 properties that I've kept good records for. My return was only for $1,200...

Did you know that you can increase your cash flow simply by utilizing accelerated depreciation of your real estate property? By accelerating your depreciation schedules, you reduce your taxable income which in turn in...

Hello everyone, my name is Jim Ferbert and live in Kansas.  I learned of this website a while back and although I havent' upgraded yet, I more than likely will.  My wife and I recently took a introduction to Real esta...

Some may consider it a waste of the investment, but I have the "post 911 GI Bill" to use so I'll actually have my schooling 100% paid for while getting a housing allowance based on the expenses of the area.

If you ha...

Hello,I am currently taking the pre license course a second time. The first course I took was only a week long and was way too short to learn all the material in such a short time. Right now I am taking the 8 week cou...

Question: Would it be worth to do Cost Segregation study on a house hack? Here’s my thinking: I want to do 203k loan with 3.5% down, buy a Multifamily in the a good area in NJ that needs work and Cost Seg. Would it be...

I own 1-2 acres of land that I want to develop for commercial storage. The land is in North West Houston, by Spring TX. The land has utilities currently, however, I would have to lay concrete, etc (it is rural). I wan...

BP community help me out here. Im looking to obtain my Realtors license for the state of Texas in the next 4 months.. Ill be living in Oklahoma, what is the best way to study for the exam? Books, in-person, etc? Let m...

Has anyone done a cost segregation for a tax year?
I will have a 750k+ tax bill from a warehouse I sold and from one of my businesses I sold this year. I have not looked too much into a cost segregation, but I am won...

I am looking at a pretty big tax bill FYE 2022 and really could use some extra depreciation.  Open to acquiring some more investment property,  but unlikely before end of year.   Can I or does it make financial sense ...