Peter Morgan
Is it possible to carry over bonus depreciation to next year?
Hi,I am considering a syndication investment with 80% bonus depreciation on the first year.However as I understand the depreciation has tax advantages over passive income only but not on regular W2 income.Had passive ...
Elle Scott
What's the next move? Needing advice...
Hi Everyone,Would love some advice from those of you who have been in my shoes before. I'm new to this and cramming education quickly. Im a young corporate sales professional with a large income (which we all know mea...
Evan Myers
Did I offer too much?
3 bed 2 bath 2 car detaced garage 1674sf
Listed as REO on 8/11/11 @ $64k
Reduced after 120 days @ $59k
Reduced after 365 days @ $45k
Comps in area selling between $42 - 88k
Offer...
Account Closed
Questions on Real Estate Tax Strategy or Investing
As a specialized real estate CPA, I'm here to provide expert guidance on your most complex tax matters, from navigating 1031 exchanges and cost segregation studies to optimizing your rental property deductions and han...
Andy Sabisch
Question on property insurance type
Quick question . . . . for rentals, would you select a policy that is based on the replacement cost or the actual cash value? Obviously the replacement cost on an older structure is 2X or better what the property mig...
Sage Jankowitz
Do you adjust your property insurance as your loan is paid down?
I'm reading a book right now that suggests it might make sense to lower your property insurance as you pay off more of your loan. So if you take out a $200K policy to cover your $200K house, but then pay down $100K of...
Kim Hall
Journal entries for Mortgage Note Partials
I sold a partial on a mortgage note I own. How do I make the journal entries? Current UPB of note: $21,544.08I sold 90 payments of $300.15 for $20,000.How do I record this???
Kim Horn
Owner financing on unimproved land.
My husband and I have a parcel of bare, unimproved land in South Carolina for sale and a potential buyer is asking is we would consider owner financing. What are the benefits and potential downsides to this?
Rich Schroeder
tax loss for full time investor
I have a meeting with my accountant later next week. However I would like to be able to speak intelligently with him, so I'm looking for some information.
I have a day job, my wife stays home...
Account Closed
Capital Stack
Real Estate Capital StackI am often amazed at how many time I use the term “Capital Stack” only to have someone stop me and ask me to explain what I mean, so I thought I would take a few minutes to explain why this is...