Zane Abner
Self-Directed IRA
Good morning,I had a real estate investor friend, that is also new to real estate investing, mention that a self-directed 401k or IRA can be helpful for tax purposes. I am looking for assistance in finding correct/hel...
Jeff Greenberg
Cost Segregation Study
Has anyone done a cost segregation study, and what are the pros and cons? Has anyone used Engineered Tax Services for this study? It all looks good on paper, but I wanted to see if anyone has some real world experie...
Elle Scott
What's the next move? Needing advice...
Hi Everyone,Would love some advice from those of you who have been in my shoes before. I'm new to this and cramming education quickly. Im a young corporate sales professional with a large income (which we all know mea...
Richard Michael
TAXES - Turbo Tax or Professional?
I am looking for a good tax accountant here in Phoenix, Arizona.Last year after talking to an older couple who are RE investors with over 10 properties, they gave me the confidence to use Turbo Tax. I have a pretty go...
Dustin Keiswetter
Investment Property Flip, Boot Tax Question...
I am close to closing on my first flip. I have paid mostly cash along the way (year and a half) So I am needing to keep some cash out of the 1031 exchange. My question is if I bought the house for 10k and put 30k into...
Andrew Merritt
Details and Questions on my 2nd REI Purchase
Hey All, I'm about a week and a half out on the closing of my 2nd REI purchase in Summerville, SC. Here are the details of the deal:First, I'd like to thank @Jeffrey Stasz for his help with this. We were skeptical of...
Alex Turchetta
S-corp creation for tax purposes
I had an interesting question for my cpa friends on here. My situation is slightly unique as real estate investing is slightly difficult due to my student loans. I have an exorbitant amount of student loans and my mon...
Matthew McLean
Getting Set up in Canada...Investing with a Small Group of people
Hi Team,
I have a conundrum. I am trying to figure out how to get started in terms of "What entity will buy this property I am interested in?". I will briefly go over my scope and goals and will propose some ...
Jake Hancock
Tax issues on corporate owned property
Hello all,I have a dilemma involving tax issues on a property I own.In 2010, I purchased a single family residential property. It was purchased by my (solely owned and managed, I have no other employees or officers) T...
Victor B.
How does accelerated depreciation work + request for resources
One thing often mentioned on the BP podcasts is benefiting from accelerated depreciation for tax purposes (specifically, I'm talking about taking a 100% depreciation in the year of purchase). I recently reached out to...