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Updated over 9 years ago,
Tax Question
My wife and I have decided to go full steam ahead with building out rental portfolio. We are currently closing on our second property under our newly formed LLC. With tax season fast approaching, we are wondering if we need to look for a RE specific tax professional, or if we can go to a local couple that run their tax business out of their home. They do single, business, commercial, etc.
Are there any tax write off's or benefits that are commonly missed that we could take advantage of? Our LLC is majority owned by my wife, which makes it a minority owned business. Any perks there we should look for? Thanks in advance.