Sean N.
Huge tax shock that came back to haunt me.
So hearing everyone talking about doing cash out refi's to buy more property I did but it came back to bite me in the butt.I bought a rental house back in 2012 and naturally values went up so after a couple years I di...
John Racine
Accelerated Depreciation
Does anyone use accelerated depreciaiton or Chattel Appraisals to increase their cash flow?? I own a company that offers these services and am curious for the feedback whether you do or do not and why either way.
Th...
Jordan Buchanan
Business Planning and LLCs in Canada
Hi Everyone! I am an electrician living in Atlantic Canada just beginning my REI career. I currently rent out a duplex and single family home. As I look to expand I'm trying to gather more information/advice on how I ...
Kikko Maeyama
New York City property tax higher on investment properties?
A realtor told me that New York City would charge a higher property tax on an investment property and suggested that I change my mailing address for tax bills from my primary residence to my investment property in ord...
KENDRA J.
homestead exclusion, recapture rental house
We own a home that we've rented out for the last 13 years. This house had previously been our primary residence.We are thinking of moving back into this house for 3 years to save taxes. The house was purchased for $28...
Khandbari Rai
Amendin Tax return for bonus depreciation
I bought 2 STRs in California and my CPA is not seasoned with bonus depreciation. Already filed the Tax.Can i hire another CPA and cost segregation specialist to get that bonus depreciation? Looking for guidance.Thanks.
Tarcizio Goncalves
Seller Financing in Rhode Island
Hi everyone, I was just checking in to see if any investors had any luck buying a property with seller finance, particularly in Rhode Island. Doesn't seem like property owners are open to that idea around here. Any a...
Kristen Haynes
How To Save Some Serious Tax Savings On Your Rental Properties
Hey, just checking in with my fellow real estate investors! If your Accountant has not done an Engineering-based Cost Segregation study on your investment property rentals, you may want to look into having one done. I...
Bharath Janakarajan
Tax reform - save tax dollars on properties under LLC
Hello All, I own my investment property under my name. However, with the current version tax reform, it does look like pass through business (like S corp and LLC) with less than $500,000 income will be able to automat...
Kelton Johnson
Tax Protest Comparables Calculator - Save Money!
If you're like me, you likely got your tax bill in from the county assessor's office within the last few weeks and your taxes have gone up considerably! Most people suggest you take matters into your own hands and fi...