I'm looking to invest into real estate, if someone can please help guide me about which type of property would allow me to earn an bonus depreciation?
Hi All,I am looking into my first syndication deal and if I was curious what tax benefits apply to someone who's about 3-4% on a 1.8mm deal that includes an 18 unit apartment and 6 air bnb's? I would love to be able t...
OK, so I bought a house. Officially was listed as: 3 bed 2 bath 1 bonus, 1756 sq ft. Dirt driveway with "one car garage" (no car will fit in that garage though), built in 1910, new roof in 2015. Small town in the midd...
Do i have to actively manage a property to use a bonus depreciation tax write off?
Hey all,I have a regular W2 job that provides a substantial bonus check annually. Over the years I have heard of gossip that changing my withholding for this single paycheck is the best tax strategy. My employer combi...
Dear lenders and those in the know!Will bonus depreciation/Cost Seg/RE Pro election hurt my DTI?I am going to massively reduce my tax burden when filing 2018 by aggressively utilizing cost seg+bonus depreciation+elect...
Hello BP members,I am seeking your advice. I am rookie investor who has not done any deals yet. Each year I receive an annual bonus of $100k. I am considering using my next bonus to begin real estate investing. I will...
As I’m sure many of you are aware of, bonus depreciation began its phase-out this year. Bonus depreciation has been a key element in the tax planning strategies for many businesses which allowed for a large portion of...
Good morning BP Community,I am running a cost segregation on my STR that I launched this year. I am seeking recommendations on someone that can help me with tax prep and filing for year 2022 that is incredibly knowled...
We own a SFH long-term rental property in Nevada that was placed into service in 2023. We have run a cost seg study on the property and qualify for 80% bonus depreciation. In 2023 we also had a major repair take place...