The tax benefits of bonus depreciation can lead to massive savings but losses won’t help one bit if you can’t use them.
Before you buy a cost seg, you need to know the rules:
Tax all starts with the types of income....

Sorry for the Tarzan title, but I think it covers the bases. So I’m a W2 wage earner in the 33% tax bracket and my wife, who has no income, logged 750 hours on our rental house last year to qualify as a real estate pr...

Hi BP,Looking to gain some knowledge of rehab and construction. I ordered J Scott's book on Estimating Rehab and hope to get some good nuggets there. But I wanted to get some advice from current flippers, especially t...

Thank you BP world for this amazing resource. I have been soaking in all the wealth of information available here on BP.

I am looking at some potential rehab deals but my fear is my lack of Construction experience. W...

Hi All,I am claiming RE professional in 2019.  I'm active in managing all my rentals, my flips etc...However, I have a passive loss from a K1 issued by the syndication deal where I am set up a limited partnership.  Ca...

I work a W2 job and pay a lot of taxes. If I purchase an investment property with an LLC can I still take advantage of the STR bonus depreciation?   or do I need to purchase in my personal name in order to take advant...

We are new investors and looking to put an offer down on our first property in the next week as a STR.  My question is for tax purposes, are we hurting ourselves in terms of the qualification of materially participati...

Hello, Anyone has experience using REPS status via their wife or husband to offset W-2?  MY 2024 W-2 will be more than $300K and this year (2024) I married a real state agent. I have been reading a lot and educating m...

Hi everyone,I just purchased my first fix-n-flip and am looking for some advice on saving $$$ and hassle.Scenario 1:  Partner with a contractor (consists of 2 people) to save on building and split profits (split would...

Why would I want to hire a general contractor to oversee the whole rehab progress? Can someone tell me what’s the reason hiring a GC for rehab? Wouldn’t the GC work for the same company as contractors? Thank you for ...