A question I hear a lot from real estate investors is:“What are quarterly tax payments… and do I really need to make them?”

(Make the mortgage, insurance and tax payments).

@Tim Jernberg, The reason for doing the drop n swap is that one of the requirements of the 1031 exchange is that whoever the taxpayer is for the old property must also be the taxpayer for the new property.

Oregon timber tax pays a big part of schools especially rural schools..

So, every taxpayer can use it, so long as they have use for the additional deductions. 

The applicability depends on how knowing and material participation is structured and the taxpayer’s marginal tax bracket.

For most taxpayers, that means assessments will be reduced to 2021 or 2022 levels, plus 15%."

As such, many taxpayers are overpaying because they aren’t aware of the tax benefits available to mixed-use property owners.One of the most beneficial tax strategies for mixed-use property is a cost segregation study.

Here is the truth, the benefit is limited to a reduction in taxable income, which results in savings equivalent to the taxpayer’s marginal tax rate.To illustrate, consider a loan amount of $150,000 at an interest rate of 7.125%.

So, if a taxpayer accidentally forgo's depreciation, they would still be subject to the recapture.