30k in cost segregation just saved us 400k in income tax this year! If you own property valued at 400k each and up and pay income tax, I strongly recommend it.
Hey Guys!I am planning to buy the below property cash and immediately turn around and do a cash out refinance to get 100% of my money back. Can some of you pros help me analyze this deal?Year Built: 1960Roof was repla...
Hi,
I would like to know under what circumstances does one file for 8825 vx. Schedule E.
Also I just got a schedule E from a seller. However in the tax line of the form there is no entry. The profit is being shown w...
Hello everyone,
I have been marketing for motivated sellers for the past 3 months with not a lot of luck. Things changed this afternoon when I received a call from an older individual looking to sell two of his cond...
Hi all, I'm a first time investor and I'm looking to set up some legal entity to protect myself before investing in properties. I've spoken to a couple lawyers and have been told the following two options are my best ...
Thought I'd put this out here for any serious opinions. When a fund deploys investor money that comes from an IRA or employee benefit plan or pension plan, that money is ERISA eligible and possibly subject to the 25% ...
I've been reading old posts about the "real estate professional" status (of which there are many) but it isn't clear to me if flippers can utilize losses from their rental properties if they don't self-manage their pr...
Hi All,
I am new to this site and was hoping someone had a good site for purchasing non-performing notes. Any insight is greatly appreciated! Thanks in advance.
Hi BP and Happy Sunday!In the process of screening tenants for my first ever rental property. I've read the BP book on manging rental properties, and other articles and such about the Fair Housing Act, and am wonderin...
Hi all,I am a rookie investor, have been managing my duplex for 1.5 yrs. However, recently have been assigned out of the US for work and I'm not able to keep up with managing it while out of country.Other investors in...