All Forum Posts by: Zeni Kharel

I appreciate everyone's insights and input!!! Thank you so much everyone!

Hi everyone,

As a high-income earner, what is the optimal order of funding tax-deferred and tax-advantaged accounts to maximize tax savings? I am considering the following options: contributing to a 401(k), paying down high-interest debt, funding an HSA, and making a backdoor Roth contribution.

Thank you.

Best,

Zeni Kharel

Good afternoon,

When would doing a cost segregation study make sense in this situation?

"Brothers A and B live in a 5 bedroom home. They have lived there for over 2 years. Out of the 5 bedrooms, they have rented out 3 bedrooms."

I would appreciate everyone's input!! Thank you!

Best,

Zeni Kharel

Thank you Andrew, I am interested in top 5 mistakes to avoid as well!

Thank you so much Julius!!

Thank you Ricardo and Julius!!

In this example, can the vacant rooms in this 5 bedroom home be used as a home office for tax purposes? These 2 brothers do not own any other real estate properties and their only rental activity is this house hacking.

Forgive me for this dumb question!!!

Good morning,

When is a good time to adjust tax withholdings? 

Thank you.

Hello, 

I would appreciate the team's input in this situation.

Brothers A and B live in a 5 bedroom home. They have lived there for over 2 years. Out of the 5 bedrooms, they have rented out 2 bedrooms.Brother A is moving to a different state soon and his bedroom will soon be rented out.

How can this living situation be best tax optimized?

Good morning,

Could you recommend some beginner-friendly resources for someone like me who is completely new and looking to learn the fundamentals of short-term rentals? Thank you all in advance!

Best,

Zeni Kharel

Is it possible to qualify for IRS Real Estate Professional (REP) status starting from scratch while still working a 9-to-5 job?