Katie Bustos
Toby Copeland
Avoiding Property Tax Reassessment
15 April 2024 | 4 replies
I'm not an attorney or CPA, so consult them before you proceed.
Tom B
Transfer from one LLC to another LLC Tax Stamp
15 April 2024 | 2 replies
I asked my CPA of 20 years for you.
Nathan H.
Complicated Capital Loss/Gain Question for all of the tax wizzes on here
15 April 2024 | 7 replies
. 😀 I’m a CPA.
Kent Smith
help for a newbie re taxable rental income
15 April 2024 | 7 replies
@Kent SmithYour CPA is wrong - you can deduct operating expenses against rental income to get to zero.If you have a net loss after this, that loss is NOT deductible and will be carried forward.Review Schedule E and it will clarify how this all works.Schedule E go to IRS site and take a look and also review instructions.Good luck.Arm
Mario Morales
Is this profitable? Not sure if this is good or bad
15 April 2024 | 10 replies
On the other hand, insurance and mortgage interest are very high...interest is 50% of rental income.Mike, I just took a look, in case there is a typo from my CPA, not sure but if it were, instead of 23,000 its suppose to be 13,000, will I owe more in taxes, as I will owe 10 k for the year already, I have a W-2 job.
Zee D.
Philadelphia Net Profits Tax Question
15 April 2024 | 1 reply
I believe having a good CPA will help you with this.
Candi Kham
Seeking Advice on Tax Strategies and Pr
13 April 2024 | 12 replies
HI Candi.I am not a CPA, I am an investor myself and mortgage broker that focuses on helping with investor on expanding their portfolio in real estate.
Ricardo Yey Lopez
Help with syndication
13 April 2024 | 2 replies
Then have it reviewed by CPA or Tax attorney for tax impact questions
Shravan Gali
General Contractor I used scammed me
15 April 2024 | 20 replies
I recently had an open-shut case against a CPA for $27,000.