Greg Raymer
How Many Cash Flowing Properties Do You Need To Retire Early?
The number of cash flowing properties you need to retire early depends on several factors, including your financial goals, current expenses, and the amount of passive income you need to support your lifestyle. Here ar...
Christian D.
Bonus Depreciation For Multifamily
We are filing our taxes for an multifamily property we purchased in October 2022. Regarding depreciation, I wanted to confirm if bonus depreciation (100% allowable for 2022) is only determined by completing a cost seg...
Abhi Patel
CPA - Tax Consultant Recommendation
Hi All- This is my first year in real estate investing and i have bought 4 properties this year spending roughly 30-40K in each of the properties for rehab. Can anyone please suggest me if i can offset that spending a...
Matthew McKiddie
Sitting on undeveloped 5 acres in Austin suburbs
Hey guys. I am new to real estate development but would like to learn how it works through trial and error. My dad has a 5 acre undeveloped lot in the suburbs of Austin, Texas and doesn't have any plans for it. I w...
Lori Sullivan
IRS deduction rules around STR purchase to listing
I am having a hard time finding if IRS has rules if there is a time limit (purchase to in service date) on what can be deducted.
Scenario - STR home purchased in August 2023. working on home to set up for STR Augu...
AJ Stanis
Question about inheritance buyout and Prop 19 tax benefit on property in CA
Hi,I have a question about inheriting a property in California. I am inheriting a property in CA with my siblings, the property is in an irrevocable trust and I am looking to buy them out. At first I thought I cou...
Joshua Garcia
Realestate gift from parents
Hey guys ! I have a small scenario here. I appreciate any help I can get on this one.My parents are getting older and want to ensure that their house that’s free and clear stays in the family. My little brother is Aut...
Morgan Russell
Can someone recommend a service other than Royal legal solutions?
I had a calm today with Royal Legal solutions as I own three businesses in California and need to move them to a trust and start shielding myself and succession plan as well. They seem very expensive and I’m not sure ...
Kushal S.
Managing multiple LLCs
Hi All!First and foremost thanks for the replies! I currently manage two LLCs with several properties housed under each. One is mine and one is a family member's. I use management software where its structured for a m...
Brad Neihardt
Deprecation question for BRRR
I want to rent out my primary property that I bought. This was a complete remodel that has significant value added. What value is used for depreciation? Is it the ARV value or?