Edward Segaar
Cost for a CPA
23 November 2024 | 6 replies
I recommend finding a tax strategist who specializes in real estate taxation 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.
Tom T.
End Game Strategy
27 November 2024 | 8 replies
Option C (selling) simplifies finances and provides a large lump sum (~$270K), but triggers significant capital gains taxes, potentially increasing Social Security taxation and Medicare premiums.
Heidi Fahringer
Interview Questions for Prospective REI Accountant
19 November 2024 | 8 replies
Experience with Multi-State Taxation - Do they have experience handling income from out-of-state properties and navigating California’s specific tax requirements for LLC members?
Nathan M kiefer
400k bonus - tax mitigation
26 November 2024 | 13 replies
Here are a few options: max out 401k contributions for you and your spouse, max out HSA contributions, make charitable donations, harvest tax losses, etc.I recommend finding a tax strategist who specializes in real estate 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.
Tiffany Da Silva
Advice needed on real estate LLC business banking & Organization
21 November 2024 | 6 replies
If you don't have a tax accountant, I recommend that you find an accountant that specializes in real estate taxation and business taxation.
Tzvi Keisar
Recommendation for tax strategist pro
19 November 2024 | 5 replies
I recommend finding a tax strategist who specializes in real estate 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.
Sonu Sundar
Dubai real estate investment
28 November 2024 | 31 replies
In my opinion, the US and the UAE have agreements to avoid double taxation, so there should not be any additional costs in Dubai.
Anthony Dupre
Seeking Advice on Asset Protection for Out-of-State Real Estate Investments
26 November 2024 | 17 replies
I recommend finding a tax accountant who specializes in real estate 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.
Mary Pastoral
VRBO charges 10% commission for direct booking outside of their platform
23 November 2024 | 40 replies
No, no tax at all up till now.
Tessa Mac
403b to Real Estate
19 November 2024 | 5 replies
You can read more about this tax at www.IRS.gov Pub 598.