To the companies that are syndicating and LP investors: What are your thoughts on cost segregation studies? 1. Do they save your investors money over the life of the hold?2. If your investors are W2 emloyees, how do y...
We have 10 SF rental properties purchased since 2017 through our LLC. The LLC is a partnership between my wife and myself. 1. For tax preparation, 2021, the 1065 form has a question about partner capital. Is partner...
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 ...
Looking for advice on how to structure a deal to minimize tax consequences for my partner. I am partnering up with another person who just wants to bring money to the deal. All they ask for is equity appreciation down...
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...
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...
Hi,My wife and I run an online retail business with extremely high "earned income". We want to start investing in real estate to offset that income by one of us becoming a "real estate professional". We don't spend mo...
I purchased 2 distressed duplexes next door to each other in the Seattle Tacoma area, initially with the intent of fixing and flipping them. I already had a BRRRR duplex that I purchased a few months prior and was be...
Hey BP, I live in CA full time and have a rental property in Fort Wayne, Indiana. I am working on completing my first year of tax filings and am a bit stumped.I ended up with a net loss on the property however I am no...
I need to find losses for this year to offset some gains. I have a house that I don't care for, and my basis is $48k. I am already will to let it go for $40k, but its hard to find a buyer in this neighborhood.
Ar...