However, it's always recommended to consult with a tax professional to get advice specific to your situation.

Hello everyone,My Canadian company owns a residential property in California and I want to sell it to my own personal name as I am closing my company.I don't know which professional to consult to help me do the transfer besides my CPA.Can I do the transfer of the deed myself (going to the County Recorder’s Office) and just check with my CPA for taxes due?

.### Next Steps - **Consult a mortgage broker**: They can help you figure out if refinancing is an option and whether there are any programs that can accommodate your situation

Sometimes a direct conversation can clarify things.Consider Legal Action: Since the note is in default and you’re well into the second year, you may want to consult with a real estate attorney.

Hi there,Given the complexity of your situation—owning a rental property in Florida while residing in Illinois, house hacking with your daughter, and planning to claim tax breaks—it might be a good idea to consult with a Certified Public Accountant (CPA) or an Enrolled Agent (EA) who specializes in real estate taxation.While your current tax professional at HR Block has experience with multiple properties, a specialist can offer more in-depth knowledge on multi-state tax issues, rental income reporting, depreciation, and maximizing deductions specific to real estate investments.

I'm a New Home Consultant with Lennar Homes in the Tampa Division.

It's a good idea to consult with a real estate attorney or a financial advisor who is familiar with Arizona laws to understand the full implications.If you're considering a joint account with your brother, lenders will typically look at both parties' credit and financial situations.

Are you using qualified consultants or did you go with the cheapest?

Pay a local RE attorney $250 for a consult, get their lease and use that one.

Just make sure to document how you arrived at the land value in case of IRS inquiries.If you’re unsure or want to avoid any red flags, consider consulting a tax professional to ensure you’re compliant and optimizing your depreciation.