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.
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...
Derrick Camber
W2 Server with a 401(k) transitioning...
Hi Everyone,I was reading Amanda Han's great tax strategy book and was thinking along the lines of the Solo 401(k) to put my money to get a tax deduction and use to fund deals. I am currently a W2 Wage Earner in So C...
Brad Rondeau
Depreciation Recapture Questions
I bought a condo in Laguna Niguel CA in December 2009 (7+years ago). I lived there one year then bought a bigger home with my new wife. I continued to own and rent the condo. Cash flow in coastal CA is very hard to...
Jason Krasavage
Chicago Rentals - 2021 Property Tax Hike, Passing onto Tenants?
Curious about everyone's thoughts on this. 2020 was a weird year for so many reasons, but one result of the pandemic here in Chicago was a temporary decrease in Assessed Value of properties for the 2020 fiscal year. O...
April White
CPA vs DO IT YOURSELF
Hello Everyone,I just recently started a business this year to do LTR, and started fixing up a little house in the back of the property as well but ran into plumbing and electrical issues that cost more than expected ...
Mindy Jensen
The Book on Tax Strategies is NOW AVAILABLE in Print!!!
You wanted it... Now it's here! BiggerPockets Publishing is pleased to announce that The Book on Tax Strategies for the Savvy Real Estate Investor is now available in paperback!And for a limited time only, you will ge...
Andrew Coulton
Cost seg downstream challenges
Hi all,In 2022 we completed a large cost seg study on our rental portfolio. We qualified for real estate professional status since my wife doesn't have a W2 and is hands on with our rentals. A very attractive tax savi...
James Walker
Looking for lender recommendation in Texas
I have a house under contract, renter ready to move in and my lender is getting squirrelly on me and asking me to make changes to my tax return that I’m not super comfortable with and they are charging $6k in originat...
Robert-Lee Pass
Is this "Good Enough" ?
Hey everyone so just a short overview, this is a New build duplex in a class A neighborhood , buying semi low money down so cash-flow inst the greatest. Keep in mind this will be a 30 year or forever hold with appreci...