Matthew Samson
Different CPAs for investments in different states?
Hi All. Thank you everyone for engaging on my posts as I ramp up towards my first deal!My next question is a simple one: through circumstance, we will almost certainly have real estate holdings in two states (Georgia...
Casidy Marks
Tax Question from my Private Money Lender
So I have a family member who is willing to finance my deals but we have run into a hurdle. The family member thinks that if he pulls say $150,000 out of his stock portfolio for a loan that he would be taxed 22% on th...
Harrison Dagger
CAPITAL GAINS TAX for long term investment property
Hi. I live in Ohio. We had bought this house in 2010 for 150K as a foreclosure. We lived in it till 2015, moved out and rented it until 2020 summer when my tenant moved out. I have been renovating the house for the pa...
Julio Gonzalez
Cost Segregation Study on Warehouse located in Orange, CA
If a Cost Segregation Study had not been performed on this $1,200,000 warehouse located in Orange, California that was purchased in 2018, it would have had first year depreciation of approximately $10,225. Thanks to...
Julio Gonzalez
Cost Segregation on Retail Property
If a Cost Segregation Study had not been performed on this $2,000,000 Retail Convenience Store Property located in Fort Valley, Georgia that was purchased in 2020, it would have had first year depreciation of appr...
Julio Gonzalez
Cost Segregation on Retail Property in Colorado
If a Cost Segregation Study had not been performed on this $1,100,000 Retail Business Property located in Montrose, Colorado that was purchased in 2021, it would have had first year depreciation of approximately $28...
Julio Gonzalez
Cost Segregation on RV Park
If a Cost Segregation Study had not been performed on this $3,000,000 RV & Boat Storage Building located in Fort Pierce, Florida that was purchased in 2020, it would have had first year depreciation of approximate...
Julio Gonzalez
Warehouse Cost Segregation Example
If a Cost Segregation Study had not been performed on this $1,200,000 warehouse located in Orange, California that was purchased in 2018, it would have had first year depreciation of approximately $10,225. Thanks to...
Julio Gonzalez
Opportunity Zone FAQs
Opportunity zones can offer great tax incentives that encourage real estate investors to invest in underutilized and low-income communities. They have become even more popular recently so here are some of the most com...
Zac Johns
Income Tax on out of state rental
I live in TN and have several rental houses in TN. I have stayed out of Georgia, but we live right on the TN/GA line. We have found what we think is a great deal just over the border. I'm trying to research the p...