All Forum Posts by: Julio Gonzalez
Julio Gonzalez has started 248 posts and replied 4565 times.
Post: Within the law to use the STR loophole on a non-permitted structure
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As @Chris Seveney has mentioned, the IRS typically requires that depreciable assets used in a cost segregation study be part of a legally recognized and depreciable structure. If a structure isn't permitted, there may be challenges in substantiating its basis and depreciation for tax purposes. Additionally, while the STR loophole can be a powerful tool, it's crucial that the property qualifies under the material participation and personal use tests.
Post: New Member, Chicago Illinois
#4 New Member Introductions ContributorPosted - Specialist
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Hi Eric, welcome to BiggerPockets!
Post: Forcing the door into real estate investing by obtaining CPA - advice wanted
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Welcome to BiggerPockets, Vincent! Your drive to grow your skills while working such a demanding schedule is impressive. Plenty of CPAs here would be glad to share their journey with you.
-Julio
Post: New member introduction
#4 New Member Introductions ContributorPosted - Specialist
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Welcome to the community, Zhansaya! Finding a mentor can make a huge difference. Start by connecting at local meetups or investor groups in Dallas!
-Julio
Post: aspiring rental income property owner
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Glad to have you here, Jason! Sounds like you've already made some smart moves using that equity through a HELOC is a great strategy for your next step!
Best of luck investing!
-Julio
Post: Real Estate Investing Novice
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Welcome to BiggerPockets, Phoenix! House hacking is a great first step. You’re definitely on the right track!
-Julio
Post: Hello! Very excited to participate
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Welcome to BiggerPockets, John! Sounds like you’ve got hands-on experience that’ll add a ton of value here!
Post: New to House Hacking - looking to connect with Lenders, Agents, and Contractors
#4 New Member Introductions ContributorPosted - Specialist
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Welcome to BiggerPockets, Connor! House hacking is a powerful first move!
Best of luck investing!
-Julio
Post: Multi Family Homes, Rookie Investor, Knowledge Building
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Great to have you here, Samantha! You’re on the right path.
Highly recommend starting with the BP forums, they’re packed with insights!
-Julio!
Post: Joining Bigger Pockets so I can make bigger investments!
#4 New Member Introductions ContributorPosted - Specialist
- West Palm Beach, FL
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HI Valerie, glad to have you as a part of this awesome community!
-Julio