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19 January 2025 | 269 replies
2) Accountant - Has anyone found a decent accountant with knowledge of REI here in Portugal?
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6 February 2025 | 4 replies
@Anthony Chan If you underreported depreciation on your rental condo, Form 3115 (Change in Accounting Method) allows you to claim all missed depreciation in the year of sale without amending past returns.
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29 January 2025 | 11 replies
I would be curious if Pricelabs has taken into account the sudden need for temp housing or if it is just on autopilot.
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29 January 2025 | 6 replies
Money came from 50k of savings and 50k borrowed from a 401k account that I am paying myself back in 5 years with a payment of 1000 a month.
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7 February 2025 | 1 reply
I've had a BiggerPockets account for a little while but wasn't active at all in the past.
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29 January 2025 | 4 replies
Just requested a property management account.
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7 February 2025 | 3 replies
Meaning they went into a standalone bank account (not mixed with your other personal funds).
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3 February 2025 | 8 replies
There are 20+ CPAs and accountants on this site that specialize in real estate taxation.
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7 February 2025 | 0 replies
Or can you still run everything through your personal return (just want to make sure that I can deduct things such as HOA fees which I can do if it is a rental).2) If I do decide to run everything thru my personal tax return (save on LLC fees), should I at the least set up a separate bank account to track costs separately?