Free Property Depreciation Calculator | How Is Rental Property Depreciation Calculated?

Free Property Depreciation Calculator | How Is Rental Property Depreciation Calculated?

The Big Picture On Calculating Rental Property Depreciation: Rental property depreciation is calculated based on the building’s cost basis (purchase price minus land value), divided over 27.5 years. This allows property owners to deduct a portion of the...
The “Lazy 1031 Exchange” – Defer Taxes on Real Estate Without the Hassles of a 1031

The “Lazy 1031 Exchange” – Defer Taxes on Real Estate Without the Hassles of a 1031

A few years ago, I sold all of my multifamily properties as well as a few of my single-family turnkey properties. As I was getting ready to sell, I contacted Nate Busch, my CPA, and asked him how I could avoid the capital gains taxes on these assets.  The market had...
How Do 1031 Exchanges Work? Defer Taxes on Investment Properties

How Do 1031 Exchanges Work? Defer Taxes on Investment Properties

Owning that first rental property is a huge milestone for investors. It lets you dip your toe into the market, gain experience in property management, and build confidence in your judgement. But for ambitious landlords, the first property marks just one step on a...