Harsha G.
Private Lending - Passive Losses on Schedule E
11 December 2024 | 7 replies
Here’s why and what alternatives might exist:Real Estate Syndication or Fund: Invest in funds that generate passive rental income, which can offset Schedule E losses.Real Estate Professional (REPS): Qualify for REPS to reclassify rental losses as non-passive, allowing them to offset active income.This post does not create a CPA-Client relationship.
Stanley Nguyen
Prosperity CRE Feedback
9 December 2024 | 2 replies
Probably too small of a sample set here on BP, ask your lawyer or CPA to review
Maria Jeanette
Advise on leveraging a Self-directed IRA to purchase real estate
9 December 2024 | 11 replies
Buying tax efficient assets like RE in retirement in not very tax efficient strategy.This post does not create a CPA-Client relationship.
Ali Mol
Question about Treating the Credit in a Lease-to-Own Agreement
9 December 2024 | 1 reply
This treatment ensures accurate financial and tax reporting, as the credit is part of the sale transaction rather than income.This post does not create a CPA-Client relationship.
Gerald Koonce
Private Lending from Family Member
9 December 2024 | 2 replies
Consult an attorney and tax advisor to structure the arrangement legally and effectively.This post does not create a CPA-Client relationship.
Rick Im
Do these expenses qualify for start-up expenses?
6 December 2024 | 10 replies
This post does not create a CPA-Client relationship.
Justin Lee
W9 to 1099 for independent contracts
7 December 2024 | 7 replies
Thanks, and that is what I’m so concerned about, is issuing 1099’s (either myself or CPA) in error and really causing a mess for the person receiving them.
Satyajeet Dodia
Is my Entity Structure overkill ?
20 December 2024 | 28 replies
This post does not create a CPA-Client relationship.
Jorge Borges
Has anyone worked with Tardus Wealth Strategies?
15 January 2025 | 144 replies
CPA, CFP, MAI, CFA?
Matthew Morrow
4 out of 5 new tenants evicted or arrested....
17 December 2024 | 16 replies
Use this as a learning experience to refine your investment strategy and prevent similar issues in the future.This post does not create a CPA-Client relationship.