Tax, SDIRAs & Cost Segregation
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal



Real Estate Classifieds
Reviews & Feedback
Updated 9 months ago on .
Most recent reply
presented by

End of year tax strategies?
What are some good end of year tax deduction strategies (outside of increasing your 401lk contributions). I've read a lot of people will buy a property as an STR, put it into service then do a cost seg. I'm looking to offset rental income.
I can't take a passive loss against my W2 income. Would love to hear some advice.
Most Popular Reply

Pull forward some capex. For example, do you have water heaters that are going to fail and flood your place because they are 20 years old? Or if you have crazy old paint that really should be redone anyways. Maybe you always felt a fence would increase your market rents.
Trick with this is you want to only do things that truly permanently improve the property value.