DTI question (I am ESL. Please bare with me). Any input is greatly appreciated.
My husband and I purchased a rental in July 2021. After a rehab, new tenants moved in early September 2021. We are now preparing our ta...

My primary residence will be paid off in less than two years.  At that time, I am going to purchase another primary and rent out my current one.  The house will need new windows and a roof within the next five years, ...

Hi all,
I was working with a client yesterday in analyzing how the CARES act may effect his year end planning. As a result, I want to share this powerful deduction incase it applies to anyone here. It could have a ma...

We hear a lot of negative about the going on's of Detroit, here is a positive of all the new development going on in the city, despite the current bankruptcy.

http://www.huffingtonpost.com/2013/11/26/detroit-...

I dove into the IRS code today, and I think I have an airtight argument that the de minimis rule applies not only to personal property like refrigerators and computers, but also to materials and supplies used in impro...

I assume this is a simple enough question that experienced real estate investors could answer so I put it in this forum vs. tax.I have my first buy and hold rental under contract scheduled to close before Christmas De...

Hi for those of you who do major value add apartments how do you expense most of these things.  I've heard on first year purchase you can expense 100% or some say only 50% for bonus or accelerating depreciation?Sectio...

Understanding the IRS Section 179 Election to Expense Depreciable Assets is crucial to making the most of your tax strategy.
This provision allows taxpayers to expense certain qualifying assets upfront instead of dep...

Conquering Chaos in Your Field Service Business: How AutoOps Can Be Your HeroImagine this: a disgruntled customer calls you, furious because a noisy technician woke their child during a recent service call. Now imagin...

Hi all, I've just subscribed a few days ago and have been reading various posts and info...I must say, great source of education and inspiration.  I have a basic question if I may...after describing 2014's scenario:My...