Hey BP! I'm excited to make my first BP post and introduce myself to BP community. I live in Fort Worth, TX and looking to start my REI career in the DFW area. My goal is to build wealth through buy and hold of multif...
I currently just purchased a short term rental this year. I was interested in performing a Cost Segregation Study for tax purposes. This is a single family home located in Fredericksburg, Texas and I was wondering if ...
You’ve decided to get a cost segregation study on your real estate property, but you aren’t sure how to determine which company to choose. It is crucial that you select a company that provides a “quality” cost segrega...
My family owns about 3 acres in a semi-rural part of Montgomery County, Texas. We recently found out that the new "Aggie Super Highway" from Houston to College Station will have frontage on our property. So we have be...
Hey guys,I understand that with a residential rental property, we are able to depreciate the house, not land for 27.5 years. My accountant told me that he would be able to accelerate the depreciation up front during t...
Good morning all,I am currently talking with a CPA I want to use for filing rental and W-2 income in 2022 which is the year I bought my first rental property. The CPA I'm working with has about 80 other real estate in...
Cost segregation can be utilized for many different scenarios such as new construction, properties already owned and newly purchased properties. Generally, the properties that benefit the most from a cost segregation ...
Hi,
I am looking for feedback and benefits of doing cost segregation studies for 3 unit multifamily . I recently purchase this multifamily on 5/2020 . i was wondering if this is worth doing and when should i do this ...
Hello AIl! My name is Ernie Ortega, I am 25 years old, originally from Los Angeles but currently stationed in Northern Louisiana. I am an active duty Air Force crew chief. When I am not turning wrenches I am in the bo...
Hi everyone!
I am very eager to get into to real estate! My long term goal is to have enough properties to have enough passive income to quit my job and continue to grow my real estate portfolio. I've joined a few l...