All Forum Posts by: Lance Lvovsky

@Eamonn McElroy

Thanks for the mention. Happy to see how I can help.

@Prat Sh

There are about a dozen CPAs on the forums who are active and can probably assist you. Browse around and schedule some meetings with a couple and take it from there.

@Alex Velazquez

Contact @Steven Hamilton II

@Mary Quintanilla

Probably not a good idea to self prepare with 20 rental properties...

@Gregory Tapscott

I hope there was prior discussion of holding real estate in a Corporation with tax advisors.

@Celia Cortes

There are a number of CPAs on here who can assist you with your tax planning and tax compliance needs. Reach out to a couple and take it from there. Good luck.

@Lisa Geiger

There are several CPAs on here who can probably help you. It is generally more beneficial to file joint then separate. There are some exceptions to this. For example I have 1 client where the last 2 years I file them separately because of the way phase outs work on the qualified business income deduction. They are saving tens of thousands in taxes. But like I said usually joint is more beneficial. An analysis should be done by your cpa to confirm.

@Jeff M.

Have you considered a CPA tax advisor who can also help you understand financial modeling for rental properties etc.?

@Corey Meyer

Buy out provisions, buy sell agreement could be in place. Need to address and restrictions on partner exit and transfer of partnership interest. Address step up in basis issues if they arise. Good idea to speak to legal counsel and tax advisors.

@Gary York

Deposit cash out proceeds to new bank account. You want to trace interest on the new loan to new investment property.