ACCOUNTANT EXPLAINS: The Real Estate Tax Secret

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?

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?

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

Thank you. Great info.

How do I get an appointment directly with you Mark?

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

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

Do these events count towards REP hours as education?

Great Job Mark

Thank you this is amazing ❤❤❤

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

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.

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?

Hi Mark!

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

thanks cutie :hand-pink-waving: