Michael Ndjondo makadi
I'm looking for a reliable and RE experienced CPA in San Diego.
18 January 2021 | 8 replies
Payments that you make normally fall into one of 3 buckets100% of the payment can be factored in somewhere on the returnPartial payment can be factored somewhere on the return0% of the payment can be factored in somewhere on the returnHouse-hacking also has considerable tax implications in the event that you want to sell this property.You can potentially defer a portion or all of the gain on the investment property with 1031 exclusion.You can potentially exclude a portion or all of the gain on the personal residence with section 121 exclusion
Sean Mooney
Getting late start in life, what are best properties to purchase?
15 December 2020 | 25 replies
If you pick well, you are looking at selling at least 2 of the units and exchanging or all 3.
Account Closed
Tax implications for Water Bill
20 December 2020 | 3 replies
Most or all of it will end up going to pay the water bill that is in my name.
Ryan Copeland
Two SF Homes for 1st Deal | What should I offer???
14 December 2020 | 4 replies
-is your rehab budget per house or all in?
Ashley Powell
AirBnb in Golf Town USA
18 December 2020 | 0 replies
If they meet any or all, they are not located downtown.
Chris Gomes
Can you buy in an LLC without affecting personal DTI?
25 December 2020 | 3 replies
Presumably the bank is going to want someone (or all of you) to provide a guarantee on the loan.
Ian Kisbert
Dialing in my proforma
22 December 2020 | 3 replies
If you keep part or all of the security deposit because the tenant breaks the lease by vacating the property early, include the amount you keep in your income in that year.
Kareem Lyons
Trying to start out but need to help.
22 December 2020 | 9 replies
Most of the cheaper properties already have 1 or all the units rented.
Christian Hatch
Looking for a CPA Referral in MA
1 January 2021 | 3 replies
Payments that you make normally fall into one of 3 buckets100% of the payment can be factored in somewhere on the returnPartial payment can be factored somewhere on the return0% of the payment can be factored in somewhere on the returnHouse-hacking also has considerable tax implications in the event that you want to sell this property.You can potentially defer a portion or all of the gain on the investment property with 1031 exclusion.You can potentially exclude a portion or all of the gain on the personal residence with section 121 exclusion
Karen F.
garage storage tenant stopped paying rent, what to do?
22 December 2020 | 4 replies
It's been rented for at least a couple of years in an oral agreement with someone who is not our tenant, for storage of his things.