Hi Everyone,As a CPA who specializes in real estate I have been doing some reading on the new Opportunity Zones (OZ) passed effective 1/1/18 with the new tax law. While guidance is still a bit unclear and more researc...
I'm starting my LLC in Florida, and have spoken to a real estate attorney and my tax consultant. They both agree an LLC with my wife and me is the best entity given are situation/finances/assets.
Does anyone have rec...
I live upstairs in a primary residence and have just started renting out the basement. Can I get cost segregation depreciation on the % of the house that is rented out?
I have recently purchased a property management franchise and have negotiated an affiliate marketing co-branding with a local Keller Williams. My interest of operation is commercial real estate. Does it pay to work to...
Im active duty military, and am planning on selling one of my homes (Property #1) in the next several months, which meets the 2/5 capital gains tax exclusion criteria of having both owned and lived in it for 2 of the ...
Seller financing is a great option for both buyers and sellers in the real estate market. This is when the seller provides a loan for the buyer to purchase the property. It offers benefits for both parties and is beco...
Hey everyone,
So I'm just finishing "The Book On Tax Strategies for the Savvy Real Estate Investor." It's a good book on real estate tax strategies for investors to implement into their daily lives. Has anyone else r...
There are five key benefits to investing in real estate and I am sure you have seen this acronym before and this will be review but if not, I find this helpful for myself and I love sharing it with you.I = Income D = ...
Curious if anyone has experience with Tax auction properties..... In my state there is a delinquent tax auction held once a year, then there is a 12 month redemption period. If not redeemed the property is signed over...
Hello BP,I have a fourplex in Tucson that I bought a couple years ago now. I’ve been renovating it and am almost done. I asked my CPA about bonus depreciation and doing a Cost Seg study on the property so I could get ...