Niklas Zhu
Cost segregation recapture on a teardown property
First, appreciate all the replies to this topic. The reason I post this here is because I got totally different answers from two CPAs
Here is the story:
I bought the house as investment property and run it as STR fo...
Greg Junge
Partnership/Tax Question - Needs to show a loss
I'm trying to figure out the following scenario but need your help. A relative of mine wants to invest 100k in real estate, only if it will show as a loss on his taxes. He's not a real estate investor but has cash t...
Caleb Heimsoth
Impact of new tax bill (Forbes article)
Here a good article by Forbes that breaks down a lot of the new stuff in the tax bill.
It clearly mentions real estate at least twice. The author argues that those who sell real estate could be adversely affected ...
Wilson Lee
First 5+ unit deal with a partner. Do I have this right?
Project: Mobile Home ParkWith the click-bate title aside, I found a small mobile home park that seems profitable as is. Also, there is some value add upside. It seems like we can refinance and get a large chu...
Manco Snead
Who's Buying Non Cash Flowing Properties?
Look mostly at multifamilies out here on the west coast I'm not seeing any cash flowing properties. Knowing rents in some of these markets, PMI would maybe be covered, but barely. So who is buying these properties? Wh...
Champ Leong
How to reduce capital gains
CPA'S? : I'm looking at approximately $5,500 in capital gains tax from the sale of my house. How can I reinvest the $5,500 into an investment property and legally have ZERO in taxes to pay? TIA!
Wilson Lee
Mobile home park for free?
Project: Mobile Home ParkWith the click-bate title aside, I found a small mobile home park that seems profitable as is. Also, there is some value add upside. It seems like we can refinance and get a large chunk of ...
Account Closed
Ask me questions on Real Estate Tax Strategy or Investing
As a specialized real estate CPA, I'm here to provide expert guidance on your most complex tax matters, from navigating 1031 exchanges and cost segregation studies to optimizing your rental property deductions and han...
Edward Adams
Roof Replacement Depreciation
Hii just changed the roof on one of my rental properties. it cost 18K and insurance paid for it and i only paid 1.5K for deductible. do i just depreciate the 1.5K on my tax return or 18K?
Robby Sanchez
bonus depreciation questions
Hey everyone, i had a question about depreciation, i will give you my situation as an example. i currently own 1 single family that i have been renting out since 2021 and i just bought a duplex in march of 2024 in whi...