20 October 2025 | 0 replies
Ever ask yourself why investors wait 27.5 years to get all their tax deductions — when they could claim most of them now?
21 October 2025 | 4 replies
., daily cleaning), in December 2024 and placed it in service in May 2025.I've encountered conflicting information about the OBBBA’s cutoff date for 100% bonus depreciation:Some sources suggest the property must be both acquired and placed in service after January 19, 2025, making it ineligible due to the December 2024 purchase (and thus limited to 40% for early 2025).Others indicate that the placed-in-service date (May 2025) determines eligibility for the 100% rate, regardless of the acquisition date.I understand the structure (likely 39 years as nonresidential real property) is ineligible, but components like furniture and landscaping (5-15 years) may qualify with a cost segregation study.
10 October 2025 | 2 replies
For instance, if you buy one appliance for $1,000, that would be eligible for the de minimis safe harbor and therefore can expense immediately
25 October 2025 | 1 reply
My question is: if we marry this year, can the expenses made via his s-corp as a real estate professional be used as deduction on out taxes (married filing jointly)?
24 October 2025 | 13 replies
Also I didn't realize you could deduct inspection fee for investment properties.
17 October 2025 | 8 replies
Say I pick up a 25-year-old rental for $300k—under the 2025 law, how much of that can I deduct right away with bonus depreciation?
24 October 2025 | 11 replies
Quote from @Santos Lopez: I heard that there's a way to deduct short term rental losses against earned income (e.g.
14 October 2025 | 32 replies
Your income affects the deductibility of the loss.
15 October 2025 | 5 replies
There are several property prospect characteristics and transactional tips to look for and apply that can solidify eligibility and ensure the investment intentions are achieved. - Seek active, turn-key STRs with transferrable permits or a very straightforward permitting process.
23 October 2025 | 11 replies
That may apply to personal deductions (like mortgage interest), but rental expenses (repairs, depreciation, etc.) are taken on Schedule E and are not affected by whether you itemize or take the standard deduction.