Andrea Burke
Unoccupied house offer
Hi all,My questions are about "seller financing". There is a house in my neighborhood that has sat unoccupied for 10+ years since the owner moved out due to black mold. We are not seeing a mortgage on this house. We a...
Eric Gorostiza
Cost segregation study, yay or nay?
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...
Kris Zabish
Can a S Corp use real estate to help with taxes?
Hey BP! I work for my brother who owns a rental company for heavy equipment in Sacramento. We are getting killed with taxes and fees for the equipment we own. Is there a way to use real estate for some tax relief? If ...
Mark Mallek
Cost Segregation Software versus Engineer
Hello,I’m looking to have cost segregation done on a valuable single family rental property.The price we paid for it less than the land is just over $500k which is the limit for some software.I’ve gotten estimates for...
Jay Ben
How can I apply cost segregation to my proforma?
does anybody apply cost segregation depreciation in their financial model? Is there any way to do it without having an actual cost seg study done first or could I use a general assumption?
Account Closed
Life Insurance to avoid taxes?
Is it possible to avoid paying capital gains if i get a life insurance?I heard life insurance has 3 benefits1. It pays you 6%.2. Your money is untouchable.3. Tax shelter
Brian Plajer
Cost segregation study?
Hello, This past Summer my brother in law and I added a vacation rental to our portfolio. I have been listening to podcasts and they mention cost segregation studies and bonus appreciation and there is even a STR loo...
William Zhang
Should I create a company for my rental properties
I heard some people have their own companies (LLC) for their rental properties. Is it necesary to do so? Is there any tax or other benefits by having a company? I just began to learn real estate investment and becomin...
Steve Seerey
LLC vs. S-Corp? New flipper with regular w-2
Hi All.We have decided to explore an LLC for liability reasons for some house flipping. We are trying to see if there are tax benefits and liability benefits to an LLC vs. and S Corp. We have steady income (W2), this ...
Matt Sora
Renting from your LLC
Is it possible to create an LLC, Buy Properties and place them in it, then rent it yourself from your LLC? What would be the benefits from this?