Hi BP!Happy Friday.I’ve got a 2 part question for the forum:1) Can I take bonus depreciation through a cost seg study if I’m not classified as an active investor? Doing a mid term rental in Texas with solar and was h...
Has anyone done a cost segregation study, and what are the pros and cons? Has anyone used Engineered Tax Services for this study? It all looks good on paper, but I wanted to see if anyone has some real world experie...
Hello!Does anyone know if you can use a cost segregation studies for STR properties that you may have outside the US (and use it against your US W2 income)?Thank you!
Cost segregation is an amazing tax savings tool. Many know the standard benefits such as accelerated depreciation and bonus depreciation. But did you know that there are multiple other added tax benefits of a cost seg...
BP Team,
I am an Executive MBA student at UCLA and currently in my final stretch working on my thesis paper. I am consulting with a RE crowdfunding online marketplace to help them determine what, if any, sustainable ...
Hi BP!I’m enrolled in the OnDemand Kaplan/Brightwood TX RE licensing course and exam prep. I’m a stay at home mom with a two young toddlers and a husband who is gone 5 days out of most weeks. My study time is limited ...
Good Morning All,My wife and I have finally purchased our first duplex and moved into one of the units. I am currently in the process of obtaining a green card, as my wife petitioned for me. In the meantime, I am stil...
Hi, I'm buying a rental in GA with a partner. Both names on the title. We will remodel it and hold. The property is under our name, not under an LLC. Can I do a cost segregation study?thanks
Here’s how that works:Depreciation is the act of slowly deducting the initial expense of an asset against your taxable income. Generally this is over a 27.5 (residential) or 39 (commercial) year time frame. So each ye...
Found this site today on a podcast and thought I would give it a try! Been a Special Education teacher for 25 years- trying to retire and have studied real estate investing... realize I cannot do my own flips after bu...