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Results (3397)
Barbra Thebenyane Building Materials, how many quotes?
24 January 2018 | 8 replies

When seeking materials for your remodel or flip, how many different companies do you pull quotes from before you feel you are ready to make a decision?

Geoffrey Vasquez Road to House Hack - Moving to Philadelphia
29 January 2020 | 4 replies

Hello,

Would love some opinions/advice.

I currently have 10k saved up and plan on saving another 10k for first home purchase for house hack.
Background on me and new position:
New Account Manager position wher...

Donald F. How to reduce my active income tax liability? Bonus depreciation?
3 May 2021 | 21 replies

I have appx $250k worth of active income this far (commercial real estate broker), and I have another $300k in income coming (though I am rolling my fee as equity into the deal so it will not be reported as income on ...

Kyle Porter For property owners - Cost Segregation Studies get you money back.
9 October 2023 | 4 replies

Hey y'all! I've been diving into the world of cost segregation studies and its pretty neat. TLDR - it accelerates depreciation and you greatly reduce the amount of taxes you owe. Let me know if you have experience wit...

Eric Williams I think cost segs are a little overrated
6 October 2023 | 0 replies

So I have a Masters in Accountancy a Master in Taxation and CPA. My last firm had a real estate agent who brought in clients with up to 40 properties. None of these people cost seg for residential. When I see costs se...

Michael Clark Question about taxes/ searching for a R.E friendly CPA to do my return
15 January 2024 | 8 replies

Hello all! I’m looking for a CPA to do my taxes that is knowledgeable about all things real estate. I’m a realtor and was asking my current accountant about depreciating my residential property and writing that off ag...

Rob Smith Promissory note purchase program
10 May 2016 | 4 replies

This is the deal that has been explained to me let me know if you know anything about this type of deal example Client purchases one promissory note each month at $1000 each for 12 months at the end of 12 months clien...

Jon Klaus Do you bonus contractors?
25 May 2019 | 30 replies

Do you give bonuses to your contractors?

If they go above and beyond?
If they finish on time or ahead of time?
For exceptional quality or service?
So you stay at the top of their list for future work?
For working thr...

Victor B. How does accelerated depreciation work + request for resources
26 May 2022 | 7 replies

One thing often mentioned on the BP podcasts is benefiting from accelerated depreciation for tax purposes (specifically, I'm talking about taking a 100% depreciation in the year of purchase). I recently reached out to...

Chuck Schmidt Cost Segregation for SFR, and does Bonus Depreciation apply?
4 January 2019 | 6 replies

Looking at some SFR homes to purchase, in the $140K range ( 1 story, brick ranch, garage, 3br). Providing all the usual calculations work out ( rent, expenses, management) I have a few more questions on how to help my...