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Updated over 1 year ago on . Most recent reply
Planning to sell a quadplex in St.Paul, MN
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 :)