Folks Are there any DJE North investors here. Are you applying any Ponzi scheme policies to take losses for your entire principal amount? The rules are quite confusing and so far my CPA just sent the below to me. In addition, I have a gain of a few thousands of Section 1231 gain too that I have t...
Something I keep noticing in cost segregation conversations (and provider projections): the savings numbers are almost always federal-only. But states like CA, NY, and NJ decouple from federal bonus depreciation — meaning you add back the bonus portion on the state return and take it over normal ...
Where would I find this advertisement on Bigger Pockets?
Looking for a CPA that could help me do my W-2 income taxes and a cost segregation study for my investment property. Do you guys have anyone you guys recommend, I live in San Diego however my property is in bullhead, city az
Hi All, I'd love to hear from you! Have you hired Cost Segregation Guys for a cost segregation study? I have some properties that I'd like to have cost seg studies completed on, and would LOVE to hear what your experience has been, specifically with the company "Cost Segregation Guys." The reclas...
Hi BP Community, My brother and I are looking for guidance from NY real estate attorneys and CPAs on the cleanest way to restructure ownership of our primary residence to establish equal 50/50 legal ownership without triggering unnecessary tax liabilities or transfer taxes. Property & Context: Lo...
My self-directed IRA owns a rental property. In April 2026 I found out that two years of property taxes had gone unpaid and a tax deed application had been filed against it. The county told me the only way to stop the sale was an immediate wire, so I wired about $6,100 from my personal account th...
Our tax person, is closing their business at year end. Looking for recommendations. We're small but we invest through multiple entities including trusts and self directed 401ks (regular and Roth). We'd also prefer that they can handle our personal taxes also. We're located in AZ and also file in ...
I'm trying to execute a 1031. Buying a 30 unit multi family in New England for approx. $5m. I"m carrying over assets I've owned and depreciated for 16-22 years (4 different properties). From my preliminary research I see I will only have partial depreciation due to the carry over on the new purch...
It's crazy to think we are already coming up on 10 years since Qualified Opportunity Zones were first introduced. Unfortunately, the tax liability on your deferred gain is coming due as of December 31, 2026. That means if you invested gains into QOZs in prior years that gain will need to be recog...
I had a client reach out to me regarding a ranch owned by his 86-year old father. His father's income is very low so he doesn't need the rental losses. The client will receive the ranch once the father passes. I explained to the client that if the father transfers the ranch to him now, then his t...
There's been a lot of good discussion lately about which accounting software to use for a real estate and most of it lands on the same generic answer. What I don't see talked about as much is what comes AFTER the setup though. What numbers are investors pulling out of their books on a regular bas...
For context: I'm a landlord and a software engineer, and I've spent a lot of time on this problem. Not selling anything here — just sharing what's worked for me and hoping to learn from how others handle it. Why rental bookkeeping gets messy Most of us start with a spreadsheet or a shoebox, and i...
Looking to significantly scale my rental portfolio this year and looking for a new real-estate-focused CPA experienced with cost segregation, bonus depreciation, and proactive tax strategies for BRRRR type real estate acquisitions. My previous CPA is well known through social media circles, but t...
Hi all, I'm Looking for referrals for real estate lawyers that deals with property management not paying out. I bought a turn key property in Detroit Michigan and Sycamore Property Management 12900 Hall Rd #270, Sterling Heights, MI 48313 (586) 803-3322 Laura [email protected] is man...
I have a very specific tax Lien investing question. I have purchased a tax Lien at the auction. I have already recorded the lien with the county. For subsequent taxes what is the best way to pay them (directly at municipality, at end of year , quarterly ect) additionally is there any more work re...
A cost segregation study was performed on this single family home in Fort Worth, TX purchased in 2023 with a depreciable cost basis of $272,633. The home is 1,841 square feet and was constructed in 2009. The use of the accelerated depreciation strategy helps real estate investors to reduce the ta...
A Tax Benefit Twist on Cost Segregation I’m sharing this because it may give another rental property owner a tax question worth asking. Five roof replacements resulted in a $9,102 tax deduction for our rental portfolio. And the deduction had nothing to do with depreciating the new roofs. The new ...
Your Closing Disclosure has about forty line items on it. Roughly six of them are named in a way that tells you what they are. The rest sound like they were generated by a committee that was paid by the syllable. And every one of them has to go somewhere on your tax return. The good news: there a...
Cross -posting here - Hi BP! I own REI in Canton and got a tax bill where the property assessment was $64k in 2024, in 2026 the property assessment is $33k. Totally understand the tax assessment will be lower than market value and this is good from a tax perspective. But was curious if it has oth...
I have done several cost segregation studies in Alaska. At first, it was extremely difficult to figure out how to get them done accurately and make sure they are ready for tax preparation. If you have questions about how to get one done or questions about cost segregation in general, I’m happy to...
Anyone use "CostSegregation.com" ? just curious what the results were and if they back up their work?
Hi - we're getting ready to "push the button" with Kay Properties on a 1031 finance purchase of a $100,000 offering. Still doing a little Due Diligence. This will be a first DST purchase for us, and the 3rd time involved with a 1031 exchange. Two questions come to mind: 1) does anyone have any ex...
I'm looking at purchasing two neighboring properties (A & B) with a single owner carry note, rehabbing and selling property A, paying off part of the owner carry and then using rest the proceeds to rehab and hold property B. Is there any way to structure the deal to avoid capital gains when selli...
I converted my residential condo into a rental with in-service date of 5/2009. I erred when adding the rental to my Schedule E and incorrectly began claiming depreciation using a 58.3% business use ratio instead of 100%. I have repeated this error on every Schedule E from 2009 to present. The res...