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Updated over 1 year ago on . Most recent reply

User Stats

185
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110
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Joel Oh
110
Votes |
185
Posts

Planning to sell a quadplex in St.Paul, MN

Joel Oh
Posted

Hello! I am looking for a CPA who can help me save taxes for selling a flipped quadplex in St.Paul, MN.

I purchased this property in 2022 and did a lot of rehab. (Floor, electric, roof, plumbing, siding....)

I used one unit as an owner-occupied ever since but can have a renter anytime if I want.

I have a W2 job as a real estate professional and also an LLC for STR business (Just me on the LLC so no nothing complicated)

The house is under my wife's name and she has a W2 income. 

We usually file a joint tax but never studied much about taxes! (Was a big mistake! XD)

I am planning to sell this property in the next few months if there is an appropriate tax plan. 

Please let me know if you are interested or know a good CPA who can help us! 


Thank you so much :) 

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