Patrick OHalleran
Feedback on The RealEstate CPA group (Hall CPA)
16 January 2025 | 6 replies
Would recommend.I will be using the firm for my 2022 tax return (1040 and 3 LLC's), expensive (about $5k-6k) but given they've assisted with the tax planning I'm hopeful the synergy will provide the best outcome.Happy to answer any add'l questions.Pat Hi Pat,Just want to confirm, that is HallCPA fee for filling 2022 tax for one 1040 and 3 LLCs?
Jerry Zigounakis
LLC or sCorp for investment properties
21 January 2025 | 7 replies
Use umbrella insurance as an additional safeguard, especially if you opt not to form an LLC.Avoid S-Corp taxation for rentals, as rental income is passive and not subject to self-employment tax. S
Clarase Mika
Why Americans Should Be Investing in German Real Estate: An In-Depth White Paper
24 January 2025 | 0 replies
Attractive Tax Environment for InvestorsGermany offers favorable tax policies for property investors.
Gregory L.
Rent it or live-in flip it?
26 January 2025 | 2 replies
I didn’t see your location in your profile or your post, but assume at least 17% state/federal taxes leaves you with $10k/yr.
Clifford Pereira
Real Estate Professional (REP) Status guidance
23 January 2025 | 6 replies
California does not recognize Real Estate Professional (REP) status, but you can still claim it on your federal taxes if you qualify.
Abe Linc
Rental mortgage in retirement
22 January 2025 | 4 replies
Be sure to hold a hefty reserve to handle on-going maintenance, capex, taxes, and insurance.
Account Closed
PM needs ss#
22 January 2025 | 14 replies
Quote from @Zara Massoud: Your new PM is correct and the old ones were wrong.The property manager must have your social security or tax ID number on file.
Tony C.
Filing a 1065 Partnership return Husband/Wife vs Schedule E
19 January 2025 | 42 replies
Yes, you will have to file the partnership tax return.
Yasmin Mughal
Househacking in Baltimore County for 400K for a 3/2 or 4/3
22 January 2025 | 9 replies
I used to live in the city and the taxes and water bills are nightmares.