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27 September 2024 | 18 replies
Any recommendations of CPA that are familiar with that type of scenario I described above?
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27 September 2024 | 9 replies
Happy to introduce you to a tax CPA who works remotely.
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27 September 2024 | 8 replies
Many people are suggesting to do a 1031 but have no idea what your gain / tax is(if any).Co-ops in the tri-state area 'normally' don't appreciate a crazy amount.The main reasons is the high monthly maintenance costs, over-leverage of the board, potential difficulty of buyers getting a mortgage and the approval process of the buyer.With that said, talk to your CPA to discuss what your gain / tax would be before thinking about a 1031 exchange.If your tax burden is low, don't bother with the 1031It may be possible that you have suspended passive losses to cover your tax burden.best of luck.
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25 September 2024 | 11 replies
I'd recommend one CPA for all of that.
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2 October 2024 | 24 replies
I am a CPA and CFP (financial/investor advisor, whatever label) and my family uses a combination of both term and whole life as part of our financial plan.
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27 September 2024 | 16 replies
Have you talked to your CPA or analyzed the impacts of it as a rental?
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27 September 2024 | 13 replies
I imagine this has something to do with taxation, so I would advise a CPA.
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25 September 2024 | 9 replies
If you are working with an investor-friendly CPA, I would ask what you need to document to make it easy to write off the expenses.
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26 September 2024 | 10 replies
I recommend talking with a CPA who knows your personal situation.
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27 September 2024 | 2 replies
This post does not create an attorney-client or CPA-client relationship.