Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 26 days ago on . Most recent reply presented by

User Stats

1
Posts
2
Votes
Jenny Smith
2
Votes |
1
Posts

Cost seg for Long term rental

Jenny Smith
Posted

My reported W-2 is 140K, Passive income from business is 120K. I and my husband has purchase 2 properties in 2024 and cost seg estimate is 90K for first year in 2024 (tax filling extended). My Husband can be qualified for REP in future if we acquire more properties (which is the plan). In future would it be beneficial to claim depreciation as passive loss against passive income or against w-2 (as spouse REP)? How does it work If I have w-2 and passive income to off set depreciation from long term rentals?

Loading replies...