29 August 2024 | 13 replies
Depreciation is finite- with each component you accellerate, you will empty the bucket for future depreciation of that component.
9 September 2024 | 8 replies
This cpa/real estate podcast has quite a bit of info on all the STR tax components https://podcasts.apple.com/us/podcast/tax-smart-real-estate-...
1 May 2024 | 56 replies
I would also think that a sexual component is in play here being a pool area where people are scantily clad or maybe even skinny-dipping?
25 May 2024 | 3 replies
I would day often NO.So it’s a tricky process - trying to thread the needle.Best advice is to work with a broker who has been there and done that and can guide you thru the process. 1031s are not rocket science but there is a skill and knowledge component to successfully get one done.Also pick an Exchange intermediary and trust their advice and counsel.
24 October 2024 | 9 replies
So if you are going to do another 5% down then the FHA component matters less.
6 July 2024 | 18 replies
Mention that you originally agreed to the fee with a marketing component that is not being delivered on.
20 August 2024 | 81 replies
And finding what components in what condition = what $ and time in sold.
21 May 2024 | 138 replies
Here are some of the reasons why: Compared to an IRA, Solo 401k contribution limits are roughly ten times higher.There is no custodial requirement for the 401k.You don't need the additional expense and administration of an LLC to have checkbook control.There is a built in-Roth component whereas IRAs are either traditional or Roth, not both.A spouse can also participate in the same Solo 401k plan.The Solo 401k has additional tax benefits over an IRA when investing into real estate using leverage.The penalties for prohibited transactions are less severe, though it's best not to utilize this benefit :)
17 October 2024 | 15 replies
In 2024, it is 60%.You may also have an option of applying a different method (Section 179) that can give you 100% on some of the cost segregated components, but this has its own drawbacks and complications, so it needs to be discussed with your accountant beforehand.Also, have your accountant estimate your potential tax savings before ordering cost seg.
7 July 2022 | 3 replies
What are some components that one can miss?