Looking for a Tax Advisor

[Anand Sai Chunduru]

Hello Everyone,

I’m looking for some Advisors from Charlotte area. Who can help us to understand our case and suggest in reducing the taxes. W2 employee with getting started with real estate investments using an llc.

Thank you in advance.

[Ben Trageser]

Not in the Charlotte area but happy to jump on a call to see if we'd be a good fit. Please feel free to email me via the below address

[Basit Siddiqi]

Is the LLC a single member LLC or a multi-member LLC. This will dictate if there is a separate filing obligation required for the entity.

Normally, rental losses are considered passive.
There issome exceptions to take passive losses if your income is below $150,000.
if your income is above $150,000, we would either need to claim real estate professional status or have a STR that is actively managed.

[Eric Hawkins]

Did you find someone you liked?  Also in the Charlotte area and seeking same.

[Anand Sai Chunduru]

Quote from @Eric Hawkins:

Did you find someone you liked?  Also in the Charlotte area and seeking same.

I actually didn’t find any from Charlotte area. There are couple of appointments I’ve scheduled. Looking forward on some outputs from them

[Ámlèh Quáwáin]

Quote from @Anand Sai Chunduru:

Hello Everyone,

I’m looking for some Advisors from Charlotte area. Who can help us to understand our case and suggest in reducing the taxes. W2 employee with getting started with real estate investments using an llc.

Thank you in advance.

If you’re still looking for tax deduction techniques contact me 

There’s various ways to approach tax deductions but the best avenue depends on your cash flows tvm(Time Value Money)