Irene G.
I have a property in CT but live in CA, where should I open the LLC?
28 August 2024 | 4 replies
This post does not create an attorney-client or CPA-client relationship.
Jeff Vasishta
Buy, Renovate and Hold in Pittsburgh
27 August 2024 | 1 reply
Talk to your CPA and/or certified cost segregation professional.
Clayton Silva
Hot Topic: Rates don't matter nearly as much as you think they do
26 August 2024 | 24 replies
Well, the lender and CPA go back and look and see that client is not moving primary residence any time soon so now the CPA, lender, and client meet again to discuss income requirements.
Kyle Ball
Should I go all in with 1031 exchange into DST/721 UPREIT stradegy???
26 August 2024 | 13 replies
@Brandon Bruckman, I heard back from my CPA and she confirmed that I can pull up to my basis out of the REIT by selling REIT shares/units without incurring any capital gains taxes since it is considered a return of capital (ROC).
Elizabeth Nolan
Nicholas Kania
Guidance on Forming a Real Estate Business: Partnership, Tax Strategies, Accounting
27 August 2024 | 11 replies
Ill explain a setup that my CPA told me to do, and then you can decide if you want to touch base.
Malik Javed
Maximizing Deductions on Like-Kind Exchanges with Cost Segregation
27 August 2024 | 0 replies
As such, planning ahead and working with a cost segregation firm that is highly experienced with 1031 exchanges is key.Definitely reach out to your CPA and/or certified cost segregation professional.
Jarrod Ochsenbein
Taxes with house hacking
27 August 2024 | 7 replies
Thanks Bill - I have a CPA and did fire off an email to him.
Vinny Incognoli
HELOC Primary Home for Down Payment?
28 August 2024 | 18 replies
You raise a good question, and probably an excellent one for a CPA.
Huy Nguyen
Gift of equity
26 August 2024 | 5 replies
(I don’t know if the would, talk to your CPA.) but as stated above, you will then owe those taxes.