Hi BP community. I bought 28 apartment units in Georgia in June 2022. I am looking to hire a firm to do a cost segregation study. In one of the quotes, the agents gives me the option wether to authorize the his firm t...
Hello. Bought first rental property this year. Using as LTR in central Ohio. Any advice and tips for helping maximize tax benefits of rental property? Appreciate any advice. Thanks in advance.
I self manage a portfolio of 6 units and am wondering about the correct way to account for general expenses that span multiple properties as tax deductions. For example, things like tools or building materials that I ...
My servicer asked for a copy of the quit claim on a note. Is that normal? And should it be a copy but not the original? Thanks for any info provided.
Would it be wised to hold your just remodeled flip for a year to qualify for 1031 what do u think are the pros and cons?
Anyone out there has any experience or results with forensic loan audits?
I know companies that start doing that, but I don't know about any results as it is take a very long time to finish it.
:roll:
I know how is...
We are filing our taxes for an multifamily property we purchased in October 2022. Regarding depreciation, I wanted to confirm if bonus depreciation (100% allowable for 2022) is only determined by completing a cost seg...
Hello fellow investors, i acquired a 4 plex a few months ago and just had my first tenant move on so i am currently working on getting the unit rent ready for next tenant. In the process of of renovations, i am findin...
Im looking for a DIY cost segregation option for a small 12 unit apartment. The size doesnt justify going with a manual cost seg study with a vendor like ETS or so which would cost us over 5k. I came across this softw...
ran into a REI investor yesterday and we got to talking about his rental properties (that he apparently sold). he suggested that the last one he sold, was originally converted from a primary residence.his calculation ...