Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. 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.
General Landlording & Rental Properties
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 almost 6 years ago,

User Stats

268
Posts
331
Votes
Ricardo P.
  • LakeWood , California
331
Votes |
268
Posts

First time Landlord needs info on Taxes

Ricardo P.
  • LakeWood , California
Posted

This is my first year doing taxes while having my investment property. Property is located in Ca. Long story short I would think there would be some sort of refund i would receive for paying high property taxes,repairs,evictions and interest rate ect. I just spoke to my cpa and he’s telling me I owe money to the government??? Meaning I get $0 from my W2 and $0 from my investment... 

Does this sound right? 

Or is this the real nature of invesment properties?

Or should I just look for a different CPA?

Loading replies...