This is my first post on biggerpockets... the info I asking for I need pretty urgent, I think this is the best place to ask. Little Background:I'm 25 years old, currently working for the Canadian Military. I am in the...
Hey all, I did a cost seg study on my short term rental for the 2022 tax year. I'm a financial planner by profession & really wanted to understand the nuances behind this topic more. I love comparing the hype vs r...
Hello everyone,We recently started investing in real estate in 2020. We are buy and hold investors and currently have 2 doubles in the cleveland area. We got into investing for it's wealth building annd tax benefits. ...
I’m just starting out and am in the process of closing on a SFH in California’s central valley.
I’m reading the NOLO “Every Landlord’s Tax Deduction Guide” and have a question about net operating losses and the $25K...
Hello everyone, rei newbie in Ohio with a question regarding how to own my properties. I am in the process of acquiring a four plex on a land contract and a duplex which my family and I are house hacking. We are going...
Looking into multifamily in a newly identified Opportunity Zone and was wondering if I could transfer money from my old employer's 401k plan into a Qualified Opportunity Fund. The goal being to defer the tax and early...
Hi everyone,Just closed on my first rental property (new construction), wondering what everyone's thoughts are on obtaining a cost segregation study for my property. I'm not 100% sure if I will qualify to be a real es...
Looking to make 3 commercial real estate investments in the next year, two as primary (sole) owner, one as a limited partner. Just finished 10 years in industry, and just returned to the states after 6 years in Japan ...
I am investing on on multi family real estate ( Apartment complex). I file the tax return jointly and my wife is Home Maker.The question is:1. Should I add my wife's name in the subscription document?2. What is the ta...
Looking for a CPA that has experience in cost segregation in the Rhode Island area. If any suggestions please let me know. Thank you!