Eric Jun
Any Benefits for Having a Property Management Company?
I have 7 units across NY and NJ and planning on adding more in this area. The properties are all under my personal name, and I manage them on my own. Are there any benefits to creating a property management company an...
Chris Elliott
Should I start a Self-Directed IRA?
I'll set the context of my question: I am 27 yr old self-employed individual with no IRA or 401K currently in place.I've heard self-directed IRA's explained and I can definitely see the benefit to someone who already ...
Ross Alcorn
Cost Segregation on 2 Separate Townhomes
I'm looking for some advice around cost segregation.I purchased a townhome in 2019 that has now been an LTR for two years. I purchased a separate townhome in 2021 that I am currently house hacking in and plan to turn ...
Matt Hunter
W2 depreciation offset
Hello, I am new here and looking for help. If this is the wrong platform forgive me. I am an active three year STR investor with 4 current STR properties. In January of 2023 my business was sold. :) Unfortunately,...
Omar Hassan
Very New investor with very little tax knowledge
Hi everyone, i wanted to put my ignorance out there and see if I can learn some valuable information from you all. I'm looking to form a simple tax strategy based on a very small portfolio, I want to do it right while...
Siddiq Mumin
JuLooking for a seasoned REI CPA
I acquired a couple of rentals and have a Retail business. Pretty simple. I'd like to have a CPA in Los Angeles county that is familiar with real estate investing (and all the tax deductions and benefits that come wi...
Sam Tamayo
real estate proffessional classification
Hi, looking to claim the real estate professional for tax benefits. I have a variety of qualifying activities on a part time basis that will qualify me, but am thinking of adding LSA (loan signing agent) to the mix. ...
Taya Shavers
CPA for Starters ?
As a starter, at what timing is good to hire a CPA ? on the first property? second or after several ?
Shefali Srivastava
Opportunity Zone investing question
Heard about opportunity zones where we can get tax benefits. There are organizations that have funds to assist us with buying properties in these areas. Not sure how this works and what are the benefits and how to app...
Shafi Noss
Tax Questions: What are the Tax Benefits for Passive Investors?
Hi everyone, I've been trying to puzzle through the tax situation for passive investors and thought I'd ask you all for help.
It seems like the main incentives are depreciation and capital gains. An LP using depreci...