I figured it was a good time to post here, since I had a conversation last week with yet another new investor client who got bad advice from their previous insurance agent. Most people don't know that your typical ins...

Can someone who has experience with a 1031 exchange give me some details on the rules and process?  I've read/heard conflicting information.  Here's my specific questions:  What is considered taxable income?  Example:...

We just completed taxes for 2020 and with cost segregation study for one property we were able to write off $640k in depreciation for 2020. We paid $1.97M for this property and closed in 4th Qtr 2020. With our structu...

This Summer we personally replaced the deck boards and railings on one of the decks. The structure ( posts, joists, etc) were ok but the old deck boards were bad and it was time to replace them. It cost us about $1500...

How much is reasonable to pay for a cost segregation study? I have one, 6 bedroom short term rental, that was established in 2021, in South Bend Indiana. I’m also working on a 4 bedroom that should be up and running i...

Recently, I've decided to do a cost segregation study on a new $490K property that I purchased this year.  I came across a firm (KBKG) that offers a $400 DIY cost study (paying for a membership).  I enter the informat...

I'm not really sure which forum this should be in. But my question is, how do tax write offs work as far as repairs and upgrades are concerned? I have read and heard some people say any repair and/or upgrade you pe...

Hello everyone. 
I’ve came here today in hopes of getting a few questions answered.
Does anyone know of a good free public forum where I can get help when I have a question about my taxes? I’m looking for the kind o...

Hi Guys,

I have one more payment in December of this year and one of my rental properties will be paid off.

What things do I need to plan on in the future now that the property is paid off?

How will this affect m...

Hi there. I am totally new to real estate investing. I was fortunate enough to come into some $ due the sale of a house in the Silicon Valley, and I used some of the proceeds to buy a beach house which I plan to rent ...