All Forum Posts by: Awais Ghazali

Hi everyone, I’m looking to do my taxes for 2022 and looking for a CPA that knows his craft. Especially, when it’s comes to short term rentals and can work with cost segregation study. I work in the higher tax bracket for w2 income, so someone who know how to work with the 7 material participation rules.

1 Vote

Detroit, Michigan

Hi BP!

I am looking to get into STR in the state of California, somewhere closer to Malibu. How are restrictions for Airbnb/Vrbo there? Also, anyone recommend any realtor in that area?

0 Votes

Originally posted by @Daniel Hyman:

@Awais Ghazali

There are some unique tax advantages for high W-2 earners owning an STR. Its worthwhile to have a conversation with a real estate focused CPA.

Give me a time and day, and let’s talk!

1 Vote

Originally posted by @John Underwood:

This is just a schedule E business deduction. Nothing special because it's a STR. Just keep up with all your deductions to give to your CPA. You can do a cost segregation study.

Even for a high W2 earners? I had some folks tell me LLC under and S corp is better . Any thoughts on that John?

0 Votes

Originally posted by @Robert Geibel:

@Shawn McCormick Ah ok yeah well that's good to know. Yes please send over a couple recommendations, especially if they work/do loans in that area so they are familiar with the communities. The lender I am using now has not been the best. Thanks

Feel free reach out. I do STR in Orlando area and I'm a mortgage loan officer by day/investor by night!

0 Votes

Originally posted by @Eric Garcia:

Are you trying to do taxes on your own? I’m an IRS EA/Tax Practitioner and also invest in Airbnb/Short-term rentals. Feel free to reach out.

Would be interested!

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Looking for a CPA who has a great knowledge in tax strategies for STR. I have 3 units I'm renting out.

4 Votes

Hi BP!

Anyone a realtor or knows any good realtors that specialize with the STR market for Dallas, TX? Please do let me know.

0 Votes

Hi BP family!

I am looking to diversify my real estate portfolio to short term rental. Not the best at spreadsheets! Does anyone have an updated spreadsheet they use that would be beneficial and easy to use?

Would be great appreciated!

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Hello BP, new member here and im a paid pro member. The find deal section is lagging greatly. All the deals on there are sold 6months-12months ago. Can we please have that updated?

0 Votes

All Forum Posts by: Awais Ghazali

Awais Ghazali has started 6 posts and replied 10 times.

Post: Looking for a high level CPA that knows STR!!

Post: Looking to start STR in California (LA county)

Post: Looking for a CPA!!! - STR focused

Post: Looking for a CPA!!! - STR focused

Post: Kissimmee/Orlando Area STR

Post: Need help with airbnb taxes!

Post: Looking for a CPA!!! - STR focused

Post: Looking for a realtor Dallas, TX (STR)

Post: Short Term Rental -Tools for organization?

Post: “Find Deals” needs to be updated