Alejandro Lee
401k loan request for investment property
Hello everybody!Just purchased my first investment property which leaves me low in cash. My agent sent me another duplex property that has potential but i am currently low on liquid cash. I was planning of getting a 4...
Raj I.
Complete noob Buying in Hawaii /Better to invest in the Mainland?
Please bear with me as this is my very first BP post. I am sure I will commit some cardinal sin in terms of posting something which doesn't belong here., so please guide me the right way with kindness :)Situation - My...
Armen Ter Avetisyan
Can a second home qualify as a STR that you can bonus depreciate?
I recently found out about the STR rule that allows non-full time real estate professionals to do a cost segregation study and bonus depreciate part of the home’s value and take these losses against their w2. I also f...
Pauline Jones
Airbnb partnerships...buying multi unit bldgs to rent to airbnb's
I've been reading about different ways Airbnb businesses can be runThere is a group called Niido powered by airbnb, that is building a 324 apt complex in Kissimmee Fl, with the object of renting the apts with the st...
Jeremiah Greco
Starting an LLC and selling my personally owned rental to it
First time poster here,I've been renting out my first home for the last 4+ years (same tenant). Just recently, I moved from Virginia (where the rental is located) to Florida. I was trying to sell the property to the...
Christopher Pride
Analyzing a multifamily deal...does this make sense?
Multifamily with a house and 11 rentals. House is VERY old but well built. Would need some cosmetic (paint, refinish floors, minor repairs/upgrades completed by me). It has been on the market for over 100 days. Rea...
Sean Nelson
Buying Real Estate to Reduce Tax Burden
Newbie here. Im fascinated with the depreciation aspect of real estate and I have a question.Lets say I own a few different non-real estate related businesses. And my earned income from those businesses equals about $...
Abhishek Maloo
Recapturing depreciation on a converted rental property
Hello All, I converted my primary residence where I lived for the last 4 years to rental property in the year 2021. While filing taxes for 2021 - I claimed depreciation on my property which amounted to 21,000$. My exp...
Russell Taylor
Cashing out inherited ira to buy real-estate
Here is my situation. I inherited an ira and had to set up an inherited ira, non spouse. I am wanting to cash this out and buy more properties. I talked to the company holding the ira and I don't have to pay the 10% ...
Account Closed
Ask me questions on Real Estate Tax Strategy or Investing. Answering all Questions.
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...