![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3084974/small_1721930042-avatar-marcusw213.jpg?twic=v1/output=image&v=2)
4 September 2024 | 6 replies
Why are you asking us instead of your CPA?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3099013/small_1723570968-avatar-melm46.jpg?twic=v1/output=image&v=2)
5 September 2024 | 2 replies
You and your husband are in a great position, either way, it's a great financial upside.I'd suggest reaching out to your CPA about what your tax liability would be if you sold.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2949310/small_1708109798-avatar-coling78.jpg?twic=v1/output=image&v=2)
4 September 2024 | 0 replies
🔐📊 #QuickBooks #DataSecurity #CyberSecurity #CPA #HighbornCPA
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3092800/small_1722806573-avatar-kevinl913.jpg?twic=v1/output=image&v=2)
5 September 2024 | 4 replies
You should consult an attorney or CPA for your specific situation.ANONYMITY: When you create the LLC, your name is recorded on the documents and published on the Secretary of State's website for all to see.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2455108/small_1724938832-avatar-seant253.jpg?twic=v1/output=image&v=2)
4 September 2024 | 3 replies
I'm not a CPA but here is what I see as the pros / cons.PROSYou could potentially take more deductions as operating expenses.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2977682/small_1710948512-avatar-marikaa.jpg?twic=v1/output=image&v=2)
3 September 2024 | 6 replies
I think a smart move with your 135k would be to first have a conversation with a CPA.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3112784/small_1725396563-avatar-ricardov84.jpg?twic=v1/output=image&v=2)
5 September 2024 | 9 replies
Working with a CPA who understands both U.S. and international tax laws is crucial.Property Management: Since you might be managing from afar, it’s essential to find a reliable property management company that can handle the day-to-day operations for you.If you’re open to other markets, I’d also suggest exploring places like Indianapolis, where the market is investor-friendly with strong cash flow potential.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3071944/small_1720584139-avatar-nimar3.jpg?twic=v1/output=image&v=2)
3 September 2024 | 7 replies
@Nima RezvaniThis is definitely a CPA question, but I like the way you're thinking!
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2205571/small_1694972331-avatar-heidialagi.jpg?twic=v1/output=image&v=2)
2 September 2024 | 3 replies
While the wealth of knowledge and experience on BiggerPockets is wide and deep, I would not trust a decision like this to the internet, I would ask you CPA and if you do not have one find one who specializes in this sort of thing.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/9011/small_1621348727-avatar-jgonzalez.jpg?twic=v1/output=image&v=2)
3 September 2024 | 0 replies
Here’s a great article that walks you through how to qualify for REPS status.https://www.aicpa.org/resources/article/tax-rules-for-real-estate-professionalsEntity Structure ComparisonBe sure to consult with a CPA or tax attorney as the entity structure you select can have a significant tax impact.