Bruce Weyer
Tax benefits for owning rental property
Just curious as to exactly how owning a rental property can lower my AGI (adjusted gross income)? I have heard that I can take the following:depreciation, but doesn't this just lower my net income for the property? wh...
Matt Dabek
section 179 vehicle and tax benefits
I need to change my old SUV that I used 100% for business and I have a couple of questions that I need answer on before I will make my decision.I base my thoughts on fact that president signs $500,000 section 179 dedu...
Daniel Han
MF syndication tax benefit and stratergy
Just trying to make sure I understand correctly the benefit and tax consequences of multi-family syndication investments.Let's say you invest in a hypothetical syndication deal as a LP, ~20% IRR (2.5x multiple), 7% Pr...
Chyniece Cox
What are the best tax benefits?
Hey everyone, tax season is here!What are the best tax benefits associated with real estate investing?Looking forward to hearing from you all!
Joe Delgrosso
No Tax Benefits From Owning Properties?
Just heard back from my tax accountant and I was expecting some good news that we were getting a positive return from owning 6 different rental properties (bought 2 in 2019) but instead he tells me that we're just bre...
Julio Gonzalez
Added Tax Benefits of Cost Segregation
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...
Jason Smith
STR Operating Model for Tax Benefits
Hello All,
I wanted to get some feedback based on a recent discussion with my CPA. I have a STR property that is in a FL land trust and I set up an LLC to property manage this property (collect rents, etc). I self m...
Carly Christiansen
Tax Benefits of Starting An LLC
Hi there!Scenario: My husband and I have been renting out or old primary residence in the Tacoma, WA area and plan to sell next spring if the market is as good as it currently is. Based on comparable sales, we should...
Melissa Nault
Tax benefits of taking a loss
Hoping you can help me. An investor (LLC - three members) bought some farmland behind us for twice the value of the surrounding land. No structures are located on the property - just "abandoned farmland" according t...
Account Closed
question about tax benefits, depreciation etc
Im starting my research into the rental side of things and one of the first areas im curious about is the supposed tax benefits.
I found this example on another website. Its generic enough that I thought to share it...