Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 2 years ago on . Most recent reply

User Stats

4
Posts
7
Votes
Matthew Gilman
  • Rental Property Investor
  • Saint Louis, MO
7
Votes |
4
Posts

Tax accountant / tax advisor questions

Matthew Gilman
  • Rental Property Investor
  • Saint Louis, MO
Posted

Hi,

I am in the Saint Louis, Missouri area. I currently own my first 4 family where I owner occupy and have fixed it up over the past year. I am looking to buy my next property very soon! I have only owned this a year but want to keep growing my portfolio.

I have read a few books on taxes in the rich dad poor dad series and have some basic knowledge around the tax benefits and breaks. However, with my current 9-5 job and rent addition I am getting towards some of the limits for what I can deduct and some other financial limits based on my year. I would not like to have to pay a penalty for doing things incorrectly. ANY IDEAS?

Most Popular Reply

User Stats

375
Posts
190
Votes
David Ounanian
  • Real Estate Broker
  • St. Louis, MO
190
Votes |
375
Posts
David Ounanian
  • Real Estate Broker
  • St. Louis, MO
Replied

Hey @Matthew Gilman hope you are doing well friend!  I have an amazing CPA I can recommend to you who is great at working up deductions for real estate investors.  Let me know.

  • David Ounanian

Loading replies...