I ran across this article this evening when I was researching some other tax matters:
Who says you can't depreciate land?
The basic procedure seems to be:
1. Split the improvements from the l...
Hi BP!I'm new to REI and I'm working with a seasoned investor on a SFR flip so I can learn more. I am putting up about $50k into the flip as a silent partner and he said he's putting up about $30k into the flip. The o...
Hello there Bigger Pockets community!Kasey Ryan here, I introduced myself a bit ago on the new member introductions forum. I've been doing more research, and have come to a point where I'd like some more exact numbers...
Hi everyone, new here, looks like a great resource to the avoid the mistakes I'm dealing with now...
In late 2008 My father and I purchased a property 50/50 down payment initially(we're both on the title), since then...
Hello!I am a first time house hacker. I will be closing on my duplex soon with a fha loan. I will be renting out my current primary residence and moving into one of the units of the duplex while renting the other side...
I remember I saw a topic like" What would you do with $50K IRA account" started by Josh, but could not find it anymore.
I am thinking about rolling over my old not performing 401K into a Roth IRA for a better return ...
October 2020I have purchased a single family home in Ohio with a cash offer. The realtor who helped me in the purchasing process has recommended the title company, moreover the realtor has made a small rehab for $1,50...
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...
Good Afternoon,My girlfriend bought her first single family house this year in the middle of October. She renovated it over the winter months and has a lease signed starting March 1st. There were relatively signific...
Hello all,Right now, I currently have all real estate assets and no money in stocks. I met with a financial advisor yesterday, who is a trusted friend-of-a-friend, and suggests I put a chunk of money into tax savings ...