Cost segregation is a tax-saving strategy used to identify assets within a property that can be depreciated over a shorter lifespan, accelerating depreciation deductions and enhancing cash flow. Let's talk about it!Ke...
Hi Everyone!I'm planning to sell my property next spring so I can officially pay-off all of my student loans. I bought it in July 2017, and house-hacked for about 8 months living in the basement and rented out the oth...
As an experienced real estate-oriented CPA with clients that invest in most real estate markets, I often get asked for strategies in saving money on taxes that apply to clients investing activities. Here are some key ...
As a multi-family investor, I'm familiar with cost segregation and bonus depreciation.That's great and all, but are you aware you can cost segregate sfh??You can rapidly depreciate all the major items - roof, carpet, ...
Does anyone know how to calculate the marginal tax rate? I want to take (depreciation + interest paid) × marginal tax rate to calculate yearly tax savings. The template I'm using has 51% currently plugged in but I fee...
Does anyone have any experience with Cost Segregation Authority, Engineered Tax Services or Baker Tilly?
I've gotten some estimates and a study and seeing wildly differing numbers as far as tax savings as well as...
when planning a purchase is there any way to factor in tax savings?
Payed an arm and a leg in taxes this year (I know not a bad problem to have) and want to reduce the cost next year. If I purchase a property which will break even at best and possibly cost me a bit can I make up the d...
I found a great article here: http://www.propertyinvestmentproject.co.uk/blog/using-a-company-to-save-tax-on-rental-income/ (hope I can post links, not my content)
But it is only relevant to the UK. Is there such a g...
To me that is real money...if we pay property taxes early in November we save money ...then a little less in December ...January etc...till you are paying the full amount with no savings in March ...not sure why anyon...