All Forum Posts by: Randall Tannen

@Alonzo Moreland Location is not as important as is finding a tax advisor with niche experience for real estate investors. There are a number of competent tax professionals commenting on the forums here who work with clients in other states. If you consider opening up your search radius, pick a few and message them to see who will work best with you. Good luck!

@Tom Puiia if you're only engaged for tax prep service with your current CPA, that may be why your expectations are not aligned with the service you're receiving. Generally speaking, proactive tax strategy planning is a separate service and incremental cost to just tax prep. 

@Devante S. assuming you operated as a sole proprietor or through a disregarded entity for tax purposes (e.g. SMLLC), the income and deductions from self-employment will be reported on your 1040 Schedule C and not separately filed.

@Bagus A. Location is not as important as is finding a tax advisor with niche experience for real estate investors. There are a number of competent tax professionals commenting on the forums here who work with clients in other states. If you consider opening up your search radius, pick a few and message them to see who will work best with you. Good luck!

@Mathew Mathew Location is not as important as is finding a tax advisor with niche experience for real estate investors. There are a number of competent tax professionals commenting on the forums here who work with clients in other states. If you consider opening up your search radius, pick a few and message them to see who will work best with you. Good luck!

@Lilly Fang there are a number of competent tax professionals on the forums here. Pick a few and message them to see who will work best with you. Good luck!

There are a number of competent tax professionals on the forums here. Pick a few and message them to see who will work best for your client. Good luck!

@Dante Ritchey there are a number of competent tax professionals on the forums here. Pick a few and message them to see who will work best with you. Good luck!

@Damian Callaghan there are a number of competent tax professionals on the forums here. Pick a few and message them to see who will work best with you. Good luck!

 You’re running into passive loss limitations. The losses are not lost - they’re suspended and carried forward to future years.