Melody R.
Thoughts about the virtual CPA firm The Real Estate CPA?
16 January 2025 | 18 replies
Someone can be a brilliant tax person but horrible to work with, and also vice versa.
Julio Gonzalez
Is my property a good candidate for cost segregation?
17 January 2025 | 2 replies
They are so tax beneficial!
Lacey A.
Rent to Myself
20 January 2025 | 5 replies
Repairs made while the property is your primary residence are not deductible, but improvements can increase your cost basis, reducing future capital gains tax when you sell.
Jacob Havlovick
Duplex House Hack
13 January 2025 | 6 replies
@Jacob HavlovickBigger Pockets is a great place to find a real estate tax accountant.A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.
Desiree Board
Sole proprietor, LLC or Corporation?
15 January 2025 | 2 replies
Rentals generate passive income, so an S-Corp offers no added tax benefit.
Rebecca Gona
New to STR -Excited but scared- need to learn!
20 January 2025 | 10 replies
@Rebecca GonaBigger Pockets is a great place to find a tax accountant that specializes in short-term rentals.
Kyle Kulhanek
Retitling a property to an LLC - Chicago
16 January 2025 | 5 replies
If so, there are no transfer taxes due.
Kieran Dowling
Refinacing a duplex
20 January 2025 | 5 replies
No personal income or tax returns are required.
Kegan Scholl
Best market for first house hack to cash flow? FL, TX, AZ, UT, other?
20 January 2025 | 6 replies
Tampa can work, but yes, taxes and insurance are higher and might keep cash flow tight.
Don DeMarco
Property Tax for Second home near Hilton Head
17 December 2024 | 2 replies
Any way around paying the very high property tax, school tax etc. in SC?