Austin N.
No Passive Loss Difference for Single or Married
From my research, it appears that a single individual can write-off $25k in passive losses for non-real estate professionals if their AGI is less than $100k. This benefit is phased out to 0 as income reaches $150k. I ...
Julio Gonzalez
Example of Cost Segregation Study on Donut Shop
If a Cost Segregation Study had not been performed on this $989,700 donut shop located in Chester,Virginia that was purchased in 2016, it would have had first year depreciation of approximately $25,300. Thanks to th...
Dan N.
Personal tax benefits if property is under LLC?
HiI hear everyone talk about tax benefits and deductions (mortgage, depreciation etc) from owning real estate.However, what´s not clear to me is how can I apply these benefits and deductions to me personally if I plan...
Rav Ram
What do i do with this Old Nursing Home building i just bought!!!!
Hello,I purchased a vacant old nursing home that is in a low income area of the Dallas / Fort Worth area. The place has 30+ Rooms and is over 15,000 square feet. I was going to convert this 1950's building to an assi...
Randy Smith
Real Estate Investment Strategies to Drive Value
In addition to asset classes, geographies, and operators, your diversification strategy with your passive investments should also include business plans. In this article, we’ll discuss three different business strate...
Joey Harris
Long Term Strategy for Real Estate Professional
Hi. My wife and I are in escrow on a duplex in our city. We are both 30 and currently we both work full-time W2 jobs. I am considered a high earner and in the top tax bracket currently. Our plan is to move her to part...
Julio Gonzalez
Don't Miss Out on Bonus Depreciation!
One of the many benefits of being a real estate property owner is the many tax strategies and laws that help keep a substantial amount of money in your pocket. One of those advantageous tax laws is bonus depreciation,...
Andrew Galloway
Has Anyone in CFL Bought a STR Recently (2022+) to Offset Their W2 Income Tax
Hello Bigger Pockets CFL community. I am looking into the STR and STR/bonus appreciation strategy as a way to offset W2/short term income. Since the market pre-May 2022 just is not comparable anymore I am interested i...
Julio Gonzalez
Cost Segregation Study on Restaurant in South Carolina
If a Cost Segregation Study had not been performed on this $970,000 restaurant located in Boiling Springs, South Carolina that was purchased in 2021, it would have had first year depreciation of approximately $24,80...
Jordan Cardwell
Private Lending in New Orleans
I'm pretty new to REI as in I started my research last night. I'm highly interested in Private Lending. I'm wondering what set ups people have used that best benefit the private lender as well as the borrower. (ie. in...