Julio Gonzalez
Cost Segregation on Office Building in Texas
If a Cost Segregation Study had not been performed on this $7,700,000 office and retail building located in Spring, Texas, that was purchased in 2018, it would have had first year depreciation of approximately $197,...
Account Closed
Newbie Pre-Licensing Tips?
Hey y’all! New to bigger pockets but newer to studying, not so sure what to expect on exams or even how to study honestly. My question to everyone and anyone is:What was your study routine back when you were working o...
Julio Gonzalez
Cost Segregation - what to consider when looking for a firm?
A cost segregation study is a great way to reduce your taxes, but remember, not every cost segregation study is the same.When considering different cost segregation firms do your Circular 230 Due Diligence and ask:- D...
Chinmay Patel
When to do Cost Segregation analysis ? Needs recommendations for engineers.
New investor..need some advice. Have 2 SFR homes in Longview Texas. One is LTR and other recently purchased will be a STR. The STR one is 1989 built and needs some Rehab in form of paint, cabinets, appliances, floor, ...
Scott Esmail
Cost segregation question
I own a 58 unit and closed this May 2022. Can I do a cost seg study at any time/year while owning the property or does it need to be done in the first tax year of owning the property ? I am not sure if I am keeping th...
Jacob Brush
Looking for advice from people who have passed the New Jersey real estate exam.
I just signed up for a pre-licensing course so that I can get my required 75 hours to take the state exam. Does anyone have any advice for prepare for the exam? How should I study? What material should I study? Are th...
Julio Gonzalez
Cost Segregation on Office Building
A Cost Segregation Study was performed on a 2-story, 5,237 square foot Office Building located in Louisville, KY that was built in 1946 and purchased by its new owners in 2021. The depreciable basis of the property ...
Julio Gonzalez
Increase Cash Flow with Accelerated Depreciation!
Did you know that you can increase your cash flow simply by utilizing accelerated depreciation of your real estate property? By accelerating your depreciation schedules, you reduce your taxable income which in turn in...
Julio Gonzalez
Cost Segregation on Apartments under $1M
If a Cost Segregation Study had not been performed on this $883,000 apartment complex located in Vista, California purchased in 2021, it would have had first year depreciation of approximately $32,700. Thanks to t...
Shafi Noss
Interest Paid on Security Deposits?
I'm studying for my license and ran into this paragraph on the study materials
"The landlord must return security deposits within 45 days of lease termination; on security deposits of $50 or more, the landlord must a...