17 November 2025 | 6 replies
We’re looking for a tax professional who understands medium-term and short-term rental properties.
18 November 2025 | 4 replies
It’s a tax-efficient start.From a tax angle, house hacking lets you write off part of your expenses and then, once you move out, the property becomes a full rental with depreciation and other tax benefits.
21 November 2025 | 4 replies
I try to meet with all my clients at least once before tax time.
24 November 2025 | 40 replies
In reality, once you factor in depreciation recapture, the tax can be closer to double that simple estimate.That said, during your 10 years of ownership you benefited from substantial annual tax savings via depreciation.
11 November 2025 | 2 replies
Most of us underestimate property taxes (I did too).
30 October 2025 | 15 replies
But once the property’s worth gets into the mid-six figures or higher, a professional cost segregation study almost always pays for itself in tax savings and peace of mind.
31 October 2025 | 3 replies
I am guessing you mean what happens if the sales price of your house is not enough to cover taxes owed.
17 November 2025 | 61 replies
But, the market is still strange and it's hard to make the math work outside of the tax savings.
17 November 2025 | 10 replies
When the property is sold, the depreciation recapture rules will apply, reducing your tax basis and potentially increasing your taxable gain.This sounds like it is straight out of chat gpt and does not answer my question. 🤣 Completely agree
21 November 2025 | 3 replies
This would save me thousands in interest + not having to pay the closing fees to refinance in 2031.