When talking about cost segregation studies, a common confusion is the difference between reclassification and bonus depreciation and the role that each of them plays in terms of taxes. Let’s dive in.

Reclassificat...

Hi all, I need some advice as i am getting conflicting info from my CPA/agent/cost-seg companyI have 2 w2 jobs and 4 1099 jobs (all in same line of work). I will work close to 800-900hrs in 2021 in all that work combi...

I’m finding 7.5% rates on the properties I’m looking at purchasing. That pretty much wipes out cash flow. When do you choose appreciation over cash flow?Specifically, buying properties in college towns and renting out...

Hi. First post. 😁I understand that to determine depreciation, one takes the FMV minus the cost of the land and divides bu 27.5, correct?However, how does one determine the cost of the house(alone) on the property? Is ...

I’m having a cost segregation study performed this year that will essentially allow me to reduce my taxable income by 20% of the purchase price after subtracting the cost of the raw land.  My question is can I still d...

Hey all, yet another in the long line of cost segregation posts as our 100% bonus depreciation comes to an end :)
I'm going to key up a few of my go-to tax people here: @Natalie Kolodij @Linda Weygant @Amanda Han . I...

Hi!Can I afford $780,000 house in my situation?1) 20% down payment 2)my credit score - 800, wife's credit score - 750. Title will be on both of us, morgage only on me.3) 31 years old4) a stable job at a large corporat...

Hey everyone, we are looking for some clarification or advice on maximizing the tax benefits on a short term rental. We are in the process of purchasing our first property, just narrowing it down right now. We both ha...

Hello allI saw a few properties in Detroit Michigan for 25k to 35k. How can I acquire creative finances for those properties. Please adviseThanksDeo

I have two STRs I purchased in 2022. Due to changes in my life, I'm looking to sell and 1031 into LTRs. I did bonus depreciation on both properties Will I need to worry about paying the taxes back if I 1031 into LTRs?