I recently finished construction on an 8 unit apartment building and it contains a mixture of 5, 15, & 27.5 year property. My question is, I have invoices for what those specific items cost so do I still have to h...

Hello,I am a current homeowner but my brother and I also inherited a second property from our father who recently passed. We also have kids and as they get older I wonder if it would be more feasible and fair to divid...

Hey everyone,
I’m almost 30 years old and paralyzed from the neck down, living in New Hampshire. I rely on personal care assistants (PCAs) for daily help, which are fortunately covered by government benefits. However...

Let’s look at the great tax advantages of investing in multifamily real estate. These benefits fall into five main categories – Depreciation, Cost-Segregation, Passive Income Tax Treatment, 1031 Like-Kind Exchanges, a...

Hi All,I am curious if any of you have thoughts on the benefits/drawbacks of becoming a licensed broker as an investor. Is there anything to lose from doing this? Seems like a good way to learn about the industry and ...

How do you calculate cost segregation tax benefit per investor based on dollar amount invested in a multifamily syndication? For example, if the total tax benefit from the cost segregation is $2m , total capital raise...

PHONE RINGS...My wife who does our real estate brokerage accounting and investment business bookkeeping just called me to say we owe $47K in taxes...{heart stops}.BUT I didn't blink an eye because I understand the tru...

Good morning everyone!When I was getting out of the military, I had to take a week long course that showed what benefits were out there for Veterans. One of those benefits was owning a Small Business, and the VA being...

Hello Tax team, Here is the scenario and I want to understand how the cost elements needs to be treated from taxing aspect?I purchased a property to flip in 2022. The property was ready for a sale in 2023 but could no...

I currently own 3 properties (all in my name) and would like to know the benefits of starting a corporation.
I also want to make sure I'm getting all the tax benefits possible. Any accountant or bookkeeper anyone wo...