Kristin Solbach
STR to LTR - is it possible?
First time investor here that is feeling pretty stuck.. we want to get started in one way or the other with lot of different approaches and advice out there. We hired a tax advisor and were told to get an STR this yea...
Alik Levin
Bonus depreciation hurts DTI?
Dear lenders and those in the know!Will bonus depreciation/Cost Seg/RE Pro election hurt my DTI?I am going to massively reduce my tax burden when filing 2018 by aggressively utilizing cost seg+bonus depreciation+elect...
Account Closed
Understanding technicalities and practicalities of Cost Segregation
Cost Segregation in Real Estate:
Real estate investments offer a path to long-term wealth accumulation, but the tax implications can be complex. Fortunately, cost segregation is a valuable strategy that real estate ...
Ross Kline
At what point should someone hire a CPA or Advisor?
I know hiring a CPA or advisor is a good idea at any point, but at what point in an investor's progression does it become a necessity?I imagine it depends on focus, like LTR vs STR vs development... Curious to know yo...
Evan Smith
Questions about the 50% rule with mutli families.
I have been taking the 50% rule more seriously after a few deals I had werent the greatest and I got stuck with properties that I believed the income would be much higher. I found a couple of off market 4 unit propert...
James Toland
Starting an LLC/Business Account Questions.
Hello Everyone, I currently own three properties under my name and have a separate checking account for each under my personal bank account. How do I best go about creating an LLC and moving the money in each accou...
Daniel Murphy
Cost seg & STR loophole from a financial planners perspective
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...
Sean Walcott
Depreciation and Syndication
I am deciding about starting to invest in syndications, does anyone have resources that discuss the depreciation benefits? My primary goal in investing in real estate is to lower my taxes.
John Swiger
Help me save my mom from not having a savings :(
I have three properties that I need to do something with, any ideas would be so grateful. I'm in my late twenties and needing a way to save my mom from not having a savings. Here the properties: 1. My mother's house (...
Ken Yeung
Newbie from New York City
Hello BP members,I have been in BP for 2 months, and thru Brandon Turner's podcast, he reminds everyone to introduce themselves in the forum.My name is Ken, I am living in New York City.I first encounter real estate i...