Christina VandenBerg
Tax Deduction for STRs
Question on qualifying for the STR tax deduction. Assuming you meet the terms of the tax benefit qualification (e.g., 100 hours and not more than anyone else) and want to use excess rental losses from the short-term r...
Julio Gonzalez
Alternatives to Cost Segregation
I’m sure many of you have heard of a cost segregation study. It is an IRS approved federal income tax tool that increases near term cash flow by utilizing shorter recovery periods for depreciation to accelerate return...
Brendan M.
What are the tax implications of paying myself to property manage?
I just bought my first multifamily property and I have been thinking about how to maximize my tax benefits on it. If i can write off property management fees as an expense, can I pay myself (either as a sole proprieto...
Ernest Quallis
Setting up an llc w/ spouse w/ homes in multiple states.
hello, all.I own 1 property and closing on another in ga, 1 in norfolk virginia and recently put in an offer on another property in virginia. My wife and i are needing to create an llc to get protection, tax benefits...
Monte Blunk
Asset protection question
I have been trying to learn about asset protection and have been talking to Anderson Advisors in NV and another lawyer in ID about setting up a structure for our multifamily complexes here in Utah. Both of them are s...
Jazmine Menders
How Do I structure my STR business to qualify for as many Tax write Offs as possibl?
Hi All,
I recently just started a Real Estate business specializing in short term rentals in South Florida. I am registered in my state as an LLC. I want to structure the business so that I can write off as much as p...
Sean Resavy
Help! Need Cost Seg done ASAP.
Hi All,
I have a question regarding a cost segregation on one of my properties located here in Vallejo, California. The guy my CPA recommended wants $4,500.00 to do the cost seg which i feel is ridiculously high. I ...
Maggie Baesler
Need help finding a real estate CPA around Lafayette LA area
I am new to investing. I have been looking for a rei CPA locally, who are experienced and good at advising on how to invest to get the best tax benefits. Any recommendations? Thanks a bunch!!!😊😊
Tyler Bond
Older seller's perspective: seller financing vs an estate sale
Hey BP!! I am trying to get into a deal right now as a newbie but need some advice/suggestions from all you experienced members, I would really appreciate it please. I am in talks with my landlords right now to buy th...
Juhyun Kim
Seeking Advice for Starting a Short-Term Rental Investment in Pennsylvania
Hello! I'm a beginner investor and currently own an S Corp. I’m considering short-term rentals in the Pocono area of Pennsylvania as a tax-saving strategy, but I’m not sure where to start or how realistic this idea mi...