ACCOUNTANT EXPLAINS: The Real Estate Tax Secret

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[efrains.]

If I purchase a short term rental in the 2nd half of the year, and do a cost segregation on the property so that I can depreciate as much as possible at first year of ownership, does the property have to remain a short term rental the year after it is purchased?

[WWIIPacificHistory]

Is it possible to have a short term rental with a property where either to HOA or local ordinances limit stays to a minimum of 30 days?

[Itz_JANELLY]

Hello Mark

So I have an S-scorp I fix &flip proerties have Can I do a self re tal to my self when all my properties are bought through my LLC ? Thanks

[imthiazah]

How do I get an appointment directly with you Mark?

[jettob]

Hi Mark - I started to sign up with your firm, but I was bombarded with spam of services. Then I talked with one of your staff and it was time to write a check - without even knowing if you could help my situation. Lastly, I have a rental and in a practical sense, some of the math doesn’t add up in reality. So you are educating based on theory and heavily leaning to maximums or “best case scenarios”. I’d like it to be more practical and I’d absolutely sign up for your services if I knew 100% that you could help me - personally.

[markstone]

@15:55 Actually 5% compounded over 10 years is $162k, so even better!

[Tadams]

I need a tax planner cpa and would like a recomendation. We are in Arizona. Wickenburg AZ.

[WWIIPacificHistory]

Are you worried about UBIT at all with owned real estate in retirement types of accounts?

[EllyL-sruv]

I’m an adjunct professor (which means part time), but the university pays me as W-2. Can I qualify as real estate professional (my husband has a normal W-2 job)?

[tammielarrison]

I live in Ohio i am si far behind on my real estate taxes i sm going to loose my home what eould you think i can do please help

[rosaf]

Do you have your property under an LLC to rent to your corporation?

[acamiln]

Secret abou property tax is: I need some amount of money because no demogracy in Georgia (out of the US). I will take as much as possible from US citizens, but must take care about my voters. So, if you have good salary, I will take more, but if youa are my voters...will see...maybe less.

[martynsharp]

Where do medium term rentals sit with regards to write offs?

[tdaalaska]

Does qualifying for a Real Estate professional classify as someone working in an Architectural professional office who works on Residential and Commercial property?

[MonteMitchell]

Do these events count towards REP hours as education?

[Bodybymilk]

Can you put a self rental in a self directed roth ira?

[zapnya]

I have no occupation or own a business but I want to buy land and put a few prefab ltr properties on it. (One Id be living in) And two I want to rent out. I have the money to do so. What would be a good strategy for my scenario?

[joesteven]

I need a good CPA in Knoxville, TN also a good tax planner - any suggestions

[ladypilliwick]

he just explained why houses won't drop in value nowdays. they can't drop value

[jdarst]

You don't mention Opportunity Zones with capital